SERVICES
Loss Reserve Analyses
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Evaluation of unpaid loss and loss adjustment expense reserves
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Analysis of excess insurance recoverable
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Analysis of adverse development (reserve variability)
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Confidence level reserving
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Statements of Actuarial Opinion
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Projected payment patterns and reserve discounting
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Calculation of reserve durations
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Loss and LAE reserves as of year end for tax purposes using IRS interest rates and payment patterns
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Projection of future expected losses
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Analysis of claim cost and frequency trends
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Projection of cash flows
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Quantification of risk (variability)
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Evaluation of excess insurance retention options
Group Self-Insurance
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Determine funding plans
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Evaluation of the cost/benefit tradeoff of various excess insurance retentions on the funding plan
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Determine the effect on expected losses and variability due to alternate levels of deductibles
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Development of experience rating plans
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Development of return policies and/or distribution formulae
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Analysis by rating classification, to assist the client in its loss prevention efforts and rate setting decisions
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predictive analytics for forecasting and ratemaking
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clustering analyses
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ratemaking analyses, including classification plans and estimation of pure premiums
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increased limit factor analyses
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profitability monitoring and assessment
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inflation impact analyses
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earning curve analyses for multi-year policies
Data Management Services
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Claims system evaluation
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Data integrity analysis consultation
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On-site data management instruction forums
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Data reporting consultation
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Automated data balancing abilities