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 Leadership Development Committee. He served on the Casualty Actuarial Society's Committee on Management Data and Information from 1992 to 1994 and on the University Engagement Committee from 2011 to 2022, as well as the Society of Actuaries / Casualty Actuarial Society's Joint Committee on Inclusion, Equity and Diversity from 2019 to 2021, 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.

pkinson@LWRinc.com

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.

dsullivan@LWRinc.com

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.

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.

jhanna@LWRinc.com

CHELSEA B. FIMEK, F.C.A.S., M.A.A.A.

Consulting Actuary

Chelsea Fimek, a Fellow of the Casualty Actuarial Society [2022] and a Member of the American Academy of Actuaries [2022], joined Liscord, Ward & Roy, Inc. in 2023.

The following are some of the actuarial services Ms. Fimek has performed for her business partners and clients:

predictive analytics for forecasting and ratemaking

clustering analyses

ratemaking analyses, including classification plans and estimation of pure premiums

increased limit factor analyses

profitability monitoring and assessment

inflation impact analyses

earning curve analyses for multi-year policies

Ms. Fimek began her career at GEICO in 2015. During her 5+ years there, she worked in Pricing for the private passenger auto line, gaining experience on the California actuarial pricing team, the countrywide actuarial pricing strategy team, and the research and development predictive analytics team.

From 2021 to 2023 Ms. Fimek worked at Ally Financial. While there she worked on pricing for multi-year auto dealership-focused lines of business, including vehicle service contracts and guaranteed asset protection insurance.

Ms. Fimek currently serves on the Casualty Actuarial Society Examination Committee.

Ms. Fimek received a Bachelor of Arts in Mathematics and Economics from Western Kentucky University in 2013.

cfimek@LWRinc.com

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

Consulting Actuary

Thomas M. Whitcomb, a Fellow of the Casualty Actuarial Society, 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 currently serves on the Casualty Actuarial Society’s Examination Committee. He previously served as Chair of the Casualty Actuarial Society’s University Engagement Committee from 2018 through 2020 and 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.

twhitcomb@LWRinc.com