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OUR ACTUARIAL STAFF

PAUL E. KINSON, A.C.A.S., M.A.A.A.

President and Consulting Actuary

Paul E. Kinson, an Associate of the Casualty Actuarial Society and a Member of the American Academy of Actuaries, joined Liscord, Ward & Roy, Inc. in 1988.

As an independent consulting actuary, Mr. Kinson has provided actuarial services:

  • for self-insured corporations, insurance and reinsurance companies, quasi-governmental entities, colleges and universities, a guaranty association, and a state legislature

  • for most lines of property / casualty insurance coverage, including workers’ compensation, product liability, general liability, automobile liability, professional liability, directors and officers' (D&O) liability, property, marine cargo, and homeowners warranty

Some of the actuarial services Mr. Kinson has performed for his clients are:

  • analyses of loss and loss adjustment expense reserves

  • projection of funding needs for upcoming years

  • analysis of retention options

  • Statements of Actuarial Opinion

  • development and enhancement of structural simulation models

  • ratemaking analyses, including estimation of pure premiums and classification relativities

  • reinsurance reserving applications

  • pro formas for strategic planning

  • design and implementation of statistical reporting systems, ratemaking analysis software packages, and strategic financial planning tools

Prior to working for LWR, Mr. Kinson served for a year in the Philadelphia office of Milliman & Robertson (actuarial consultants) followed by five years of actuarial service at the New Hampshire Insurance Group (a subsidiary of AIG).

Mr. Kinson is currently a member of the Casualty Actuarial Society’s University Engagement Committee and Leadership Development Committee, as well as the Society of Actuaries / Casualty Actuarial Society’s Joint Committee on Inclusion, Equity and Diversity.  He served on the Casualty Actuarial Society's Committee on Management Data and Information from 1992 to 1994 and was a member of the American Academy of Actuaries' task force to develop an actuarial standard for complex models from 1997 to 2000.

Mr. Kinson received an AB in Mathematics and Economics from Dartmouth College in 1982.

DANIEL A. SULLIVAN

Vice President and Data Control Manager

Daniel A. Sullivan joined Liscord, Ward & Roy, Inc. in 1992.

As Data Control Manager, Mr. Sullivan has provided the following services:

  • Flexibility with numerous client provided data formats and software platforms

  • Data integrity queries to identify potential problems or inconsistencies with claim detail extracts

  • Generate numerous crystal report tables and lists to summarize data and track/analyze claim movement

  • Create SQL data tables to ensure the most robust application for future use of provided data

  • Automate data applications using Visual Studio software to greatly minimize client expenses and manual human error

  • Provide data visual services using the powerful Tableau software package to better report results/comparisons

 

Examples of data services Mr. Sullivan has provided for clients:

  • Provide step by step data modifications as needed, while documenting and balancing the changes for presentation to the client

  • Generate claim lists (claim tracking lists, large loss listings, claim type change exhibits, etc..) to show claim changes between specific desired valuations of claim detail data

  • Create or program desired client exhibits and offer quarterly data packets to help the claims adjuster track claim activity

  • Provide data in desired formats or subgroups for use in additional client applications (reinsurance applications, audits, etc.)

  • Created high level statistical and mathematical programs to simulate data, or use previous actual data, to project and forecast future results

  • Perform on-site client forums for claims staff to emphasize the importance of “clean” data, providing specific examples of how inconsistent data entry and/or reporting can adversely affect actuarial analyses.  In specific cases, this has led to the discovery of significant recoveries from members and excess carriers.

  • Heat maps (Tableau) to visually display rate changes by NCCI class code

  • Large loss maps (Tableau) to visually identify and measure the largest claims of concern for specific clients

Mr. Sullivan began his career at the New Hampshire Insurance Group (a subsidiary of AIG) in 1986.  During his 5+ years there, he was responsible for the design and programming of a statistical ratemaking package to track and analyze claims. This series of programs modernized the analysis of historical experience; provided improved methods for checking data integrity and applying forecasting techniques; and provided detailed analytical exhibits in a timely fashion.


As a consultant, Mr. Sullivan has programmed actuarial analytical systems for Personal Automobile, Homeowners, and Dwelling. These PC based software packages provide a flexible interactive method to review the overall rate adequacy by state as well as indicated changes to territorial base rates, classification relativities, discounts, etc. Mr. Sullivan has programmed structural simulation models which emulate the medical services required by persons catastrophically injured in automobile accidents. Additional programming has involved modeling of aggregate excess loss distributions and statistical claim summaries.

Mr. Sullivan has completed the extensive Microsoft Certified Solutions Developer program. He complements this knowledge with advanced training in Visual Basic, Access Database, SQL, Crystal Reporting and Excel. These tools represent the most robust data management available, providing optimal flexibility and interactive user capabilities, serving to strengthen LWR's ability to quickly and efficiently work with client databases.

 

Mr. Sullivan received a Bachelor of Arts in Mathematics and Computer Science from Saint Anselm College in 1987.
 

JOHN C. HANNA, JR., F.C.A.S., M.A.A.A.

Consulting Actuary

John C. Hanna Jr., a Fellow of the Casualty Actuarial Society [2010] and a Member of the American Academy of Actuaries [2007], joined Liscord, Ward & Roy, Inc. in 2009. 

 

As an independent consulting actuary, Mr. Hanna has provided actuarial services:

  • for self-insured groups, municipalities, and stand-alone organizations across several states

  • for many lines of property and casualty insurance including Workers’ Compensation, Liability (auto, general, law enforcement, etc.), Property (property, auto physical damage, crime, etc.), and Unemployment Compensation

  • for state regulatory bodies

 

The following are some of the actuarial services Mr. Hanna has performed for his clients:

  • year-end reserve analyses – both for book and tax purposes

  • projection of funding and/or rating plans for upcoming fund years

  • analysis of alternative excess insurance retentions and/or deductibles

  • allocation of dividends / assessments

  • new member quotes for self-insured groups

  • assisted in the creation of new self-insured groups

 

Mr. Hanna began his career in 2001 at the actuarial consulting firm of Milliman, Inc.  During his 5+ years there he performed various analyses for alternative market companies such as self-insurers, captive insurers, and risk retention groups; multi-line property and casualty insurers; and the insurance departments of several states.

 

From 2006 to 2009 Mr. Hanna worked at Liberty Mutual Agency Markets.  While there he worked in both the Commercial Lines and Personal Lines departments performing rate reviews for various lines of business including commercial automobile, general liability, commercial property, commercial package, business owners, workers compensation, personal automobile, and homeowners.  His work focused on the New England states, New York, and New Jersey.

 

Beginning in 2019, Mr. Hanna serves as a Casualty Actuarial Society University Liaison for the University of New Hampshire.  Mr. Hanna previously served on the Casualty Actuarial Society Examination Writing Committee.

 

Mr. Hanna received a Bachelor of Science in Mathematics from The University of New Hampshire in 1998, and a Master of Science in Mathematics and Statistics from The University of New Hampshire in 2000.

THOMAS M. WHITCOMB, F.C.A.S., M.A.A.A.

Consulting Actuary

Thomas M. Whitcomb, a Fellow of the Casualty Actuarial Society and a Member of the American Academy of Actuaries, joined Liscord, Ward & Roy, Inc. in 2019. 

 

Mr. Whitcomb has extensive commercial insurance experience spread across:

  • most lines of property and casualty business including workers’ compensation, general liability, automobile liability and physical damage, umbrella, product liability, property, and inland marine

  • multiple industries such as energy, manufacturing, and transportation

  • small to large size risks

 

Actuarial services Mr. Whitcomb has performed for his business partners and clients include:

  • analyses of loss and loss adjustment expense reserves

  • rate adequacy and profitability reviews

  • rate plan management and enhancement

  • segmentation strategy development and implementation

  • planning and forecasting

  • analytic tool development and implementation

  • large risk rating

 

Prior to working for LWR, Mr. Whitcomb was at The Travelers Companies for 12 years supporting key pricing, reserving, and research initiatives across a variety of commercial lines and industry segments.

 

Mr. Whitcomb is currently Chair of the Casualty Actuarial Society’s University Engagement Committee on which he has served in various roles since 2013.  He previously served as Chair of the Ball State University Actuarial Advisory Board from 2014 to 2016.

 

Mr. Whitcomb received a BA in Mathematics and Physics from Alfred University in 2003, and a MA in Actuarial Science from Ball State University in 2006.