Municipal, Self Insured Entities

M&A has extensive experience providing consulting services to various municipalities and similar entities that self-insure their workers’ compensation, general liability, automobile liability, and other exposures.

Experience with Liability Analysis of Self-Insured Entities

M&A has substantial experience assisting on liability analyses of self-insured entities, including public entities such as municipalities, pooled funds, and private sector clients.  This assistance has included funds which cover the full range of traditional exposures and also funds of varying sizes, from very large funds covering a wide variety of exposures for many clients, to funds covering specific exposures to smaller clients.  In addition, M&A has provided clients with a wide variety of services, including end-of-year required reserve analysis, quarterly projections of liabilities, payment estimates, and estimates for discounted reserves.  M&A always produces a work product which is well-documented and easy-to-read and follow, in addition to being actuarially sound.

Experience with Funding/Rating Analysis of Self-Insured Entities

M&A also has experience providing rating and/or funding analyses for self-insured entities and similar mechanisms.  In the course of our analyses, we have created rate indications, rating classification studies, advanced ratemaking (including experience rating and schedule rating), and analysis of impact of tort reform on rates.

Experience with Applicable Lines of Business

M&A has broad reserving, pricing, and expanded consulting experience dealing with workers’ compensation, general liability, auto liability, and other exposures.  This experience has touched on virtually every line of business covered by insurance, and has given us an excellent understanding of the issues relevant to each coverage.

Experience with Governmental Entities

Our extensive municipal/public entity experience gives us a comprehensive understanding of GASB requirements as well as unique issues faced by governmental entities.  We have provided consulting services to public entities in Alabama, Florida, Georgia, Louisiana, Pennsylvania, South Carolina, and Texas.

Types of Clients

M&A has provided actuarial services across a variety of insurance exposures to numerous state and local municipalities and public entities.  And, we have provided similar actuarial services to other self-insured entities.  The organizations we have served reflect reserve amounts ranging from $1.5 million to $60 million.  Below are examples of the services we provide and the types of entities we have served.  References are available upon request.

SERVICES PERFORMED:	EXPOSURES:	TYPES OF ENTITIES SERVED:
Reserve analyses	Automobile	Cities and counties
Funding estimates	General Liability	Colleges and universities
Estimating future payments	Workers’ Compensation	County commission associations
Reinsurance pricing	Property	Higher education associations
Rate-making assistance		Municipal insurance orgaizations and trusts
Risk classification		Not for profit groups
		Public school systems and consortiums
		Public utility systems
		Trade associations and groups
		Transit authorities

For more information, please contact us at swellham@merlinosinc.com