What We Do
We have extensive familiarity with workers' compensation, medical professional liability, and other commonly self-insured coverages, including general liability and automobile liability.
Unpaid claim evaluations (accrual determinations, funding studies)
We provide estimates of unpaid claim costs to support liabilities reported on the balance sheet. As appropriate, our estimates include a provision for risk and consider the time value of money.
Forecasts and insurance optimization analyses
We help clients determine an optimal balance between risk retention and risk transfer by considering the likelihood of claim outcomes, the cost implications, and their risk appetite.
Predictive modeling and big data analytics
We combine advanced statistical modeling and rapidly evolving technology applications to enable clients to harness the valuable information hidden in their data.
Alternative risk financing studies
We support clients who are considering alternative risk management approaches –including self-insurance, captive arrangements, trusts, and risk retention groups – with cost-benefit analyses to aid in decision-making.
Due diligence for mergers & acquisitions and loss portfolio transfers
We help clients determine the liabilities they are assuming or releasing and the impact on their financials.
We enable clients to compare their claim experience with that of their peers, allowing them to identify deficiencies, allocate resources to improve results, and favorably negotiate with risk partners.
Enterprise risk management (ERM)
We help clients apply modern analysis techniques to capital and risk management decisions to improve financial performance, measure needed capital, meet strategic goals, and broaden risk oversight and board governance. Our approach applies risk analytics to organizational portfolio management, capital requirements, business planning, and asset strategies to meet market and regulatory requirements.
Claim cost allocations
Our granular studies help clients better understand operational sources of claim costs to improve accountability among corporate divisions.
We help clients develop more effective risk management programs by providing them with diagnostic claim information, such as actual results, trends, and cost drivers.
Regulatory support services
We assist clients in complying with local, federal, and international regulations and in evaluating the impact and compliance readiness for proposed regulatory changes.＋