Some examples of the services we offer include:
Pricing and Profitability Studies – By working with you to look at the right data and answer the right questions, we can identify opportunities to improve profitability.
- Evaluate claim costs and expenses
- Calculate required rates
- Compare results to industry data
- Review claim reserves and methodologies
New Product Development – Innovation and sound product development are essential to growth and success.
- Develop premium rates
- Assist with policy forms and sales material
- Review claim and administrative procedures
M&A Support – Buying or selling blocks of business presents both opportunities and risks. We work with you to identify the most beneficial solutions.
- Analyze and value blocks of business
- Identify potential buyers
- Develop deal terms and negotiation strategies
Litigation Support / Expert Witness Services – Actuarial expertise can be a key component in shaping winning strategies when litigation matters involve insurance or reinsurance.
- Provide insight into industry practices and analysis of specific programs involved
- Calculate amounts at risk under various scenarios
- Identify and develop supporting arguments
- Barbara Niehus is certified as an arbitrator by Arias·US.
General Support – Business decisions should be made in the framework of a business plan with ongoing comparisons against actual performance.
- Perform strategic and operational planning and forecasting
- Develop management reports
- Complete operations reviews
