Actuarial Services

Traditional Insurance Programs
Insurance Companies
State Insurance Departments
Reinsurers
Government Agencies

• Self Insurance (Group or Individual)
• Captives (Onshore of Offshore)
• Risk Retention Groups
• Trusts

Please click here for our Coastal Property Consulting page.

• Development of rate indications
• Reviews of key rates and rating factors
• Competitive analyses
• Preparation of underwriting and rating rules
• Use of credit information and models in rating, underwriting, and product management
• Development of new programs in various states

• Extensive program reviews
• Testifying in rate hearings
• Actuarial support of proposed changes
• Filing resolution assistance
• Expertise with catastrophe issues

• General and Professional liability
• Extensive experience with skilled nursing, assisted living, independent senior living, and continuing care retirement communities
• Actuarial feasibility studies for captive and RRG formations
• Ongoing actuarial and management assistance to fifteen captives and four risk retention groups
• Provide assistance in six on-shore and four off-shore venues
• Assistance with development of risk management programs
• Reserve analysis and actuarial certification/statement of opinion on reserves
• Development of rates and rate structures
• Pricing and underwriting
• Reinsurance structure analysis
• Assistance with insurance and healthcare regulatory compliance

• Development of rate indications
• Pricing and underwriting
• Reviewing rate filings on behalf of state insurance departments (Alabama NCCI Rate Filings)
• Assisted in state financial examinations of insurers and self-insured funds that write exclusively workers compensation insurance

• Development of rate indications
• Assistance with risk management issues, such as appropriate retention, alternative risk mechanism analyses and captive formations
• Assist State Insurance Departments on financial examinations and rate filing reviews of medical malpractice insurers
• Analyze the markets in Alabama, Florida, Georgia, Indiana, Mississippi, South Carolina, West Virginia, and Wyoming
• Analyze medical malpractice exposures through our work with various physician groups listed below:

Patient Compensation Funds
Joint Underwriting Associations
Captives
Trusts
Medical Malpractice carriers

Systems Analysis

• Develop user requirements for specific purpose such as actuarial data.
• Develop systems specifications based on user requirements for specific purpose such as actuarial data

Computer System Support

• Data conversion for a client replacing its computer platform
• Reconcile data discrepancies
• Statistical reporting: NCCI, ISO & Regulatory

Merlinos & Associates has extensive reinsurance experience. David Shepherd was a reinsurance actuary, underwriter, and an officer of two different reinsurance companies, most recently serving as Chief Actuary and Chief Underwriting Officer. His decade of reinsurance experience was spent working in virtually all aspects of the reinsurance business. Mr. Shepherd continues to work directly with reinsurers and reinsurance brokers as an actuarial consultant.

In addition to Mr. Shepherd’s direct involvement with reinsurers, all of our credentialed actuaries have addressed reinsurance structure, coverage, and risk transfer issues through work with our primary insurance company clients. Our actuaries are also involved in treaty negotiations, structure development, and analysis for our risk-taking clients.

• Assistance on the financial examinations of several large reinsurance companies.
• Analysis of risk transfer characteristics of contracts. This analysis covers, among other issues, the appropriateness of the company’s retention and the magnitude of the protection provided.

We assisted the NAIC Credit Property working group on drafting a Credit Property Model Act. We directly consulted with the Commissioner of Alabama, the chair of the group.

We have provided assistance with the setting of statewide maximum rates, or prima facia rates, for insurance products where the product’s price is not driven by competitive market pressures or the relationship between losses and premium.

• Assisted the Alabama department in the setting of maximum rates for property credit products and other regulations related to involuntary unemployment products. Matt Merlino participated in the development of the resulting rules and regulations related to these products.

• Assistance on approximately 30 HMOs examinations
• Assisted with the program development and setting of rates and rating factors for an Occupational Accident program
• Analyzing the health costs and claim reserves for small and large self-insured entities.