Typical Clients

Merlinos & Associates, Inc. provides Property/Casualty and Health actuarial consultation to a wide variety of entities. Our services are beneficial to any organization desiring to assess its property & casualty exposures.

Because of our experience, resources, and our ability to provide valuable input on a wide range of management issues, our client list spans the traditional insurance industry and alternative risk transfer entities.

Our clients include:

Insurance Companies

  • Reserve analysis
  • Actuarial statements of opinion on loss reserves and loss adjustment expenses
  • Pricing and ratemaking, rate analysis
  • Product development and management
  • Database development and management
  • Accounting
  • Catastrophe and coastal property insurance analysis
  • Reinsurance structure analysis
  • Reinsurance risk transfer analysis
  • Mergers & Acquisitions due diligence analysis

Reinsurance Companies

  • Commutation analyses of runoff blocks of standard and latent injury liabilities
  • Setting up excess of loss pricing models
  • Underwriting and pricing
  • Actuarial statements of opinion on loss reserves

Reinsurance Brokers

  • Actuarial Statements of Opinion for brokers’ clients when they have introduced our services as a value added benefit
  • Assistance in the negotiations between ceding company and reinsurers

Insurance Producers / Managing General Agencies (MGA)

  • Reserving and profitability analysis of the agent’s block of business
  • Procurement of support from new insurance companies
  • Assisting on expansion into other states
  • Providing support for rate filings

Law Firms

  • Providing expert testimony and litigation support for law firms in a wide variety of situations. Examples of these situations are:
    • Federal tax case
    • Appropriate charge for UM/UIM coverage on a specific policy
    • Potential lawsuit to require a multi-billion dollar mutual to distribute a significant portion of their surplus in dividends
    • Actuarial professional malpractice
    • Accounting professional malpractice

Captives and Risk Retention Groups

  • Actuarial feasibility studies
  • Pricing and underwriting
  • Reinsurance structure analysis
  • Reserve analysis
  • Dividend analysis
  • Regulatory compliance support

Self-Insured Entities (Individual and Group)

  • Financial valuation of overall risk management program
  • Providing reserving and funding assistance for multiple lines, including health
  • Assisting in FASB and GASB compliance
  • Assisting in negotiations with excess insurance carriers on pricing and program structure

State Regulatory Agencies (State Departments of Insurance, Liquidation Bureaus, Departments of Labor/Industrial Relations)

  • Providing financial examination assistance, rate filing reviews and public policy assistance to state insurance departments related to property/casualty and HMO companies
  • We have performed roughly 150 examinations since 2002 and over 300 since 1990

Third Party Administrators

  • Performing reserve studies and dividend analyses on individual and group self-insureds.

Examination Firms

  • Working with many of the major firms that provide examination assistance to state insurance departments for the financial examinations of their domiciled insurance companies.

Accounting Firms

  • Audit assistance
  • Valuation of liabilities associated with changes in accounting and regulatory standards