Product Development

There are many ways to increase revenue within an insurance company.  Product development is the organizational function that involves expanding operations to include forming a new company, writing new lines of business, adding geographical areas, or creating new paths to deliver the current products. We believe the actuarial and insurance consulting role extends beyond ratemaking.  Our consultants are insurance experts who combine a strong actuarial foundation with a thorough understanding of insurance company operations.  Our experience includes the entire process, from company formation to regulatory compliance. We partner with your firm to help you determine what products to sell, how to sell them, and at what price.  Our consultants can help your company develop products and pricing designed to fit with your broader business objectives.

Product Management

Insurance product management is an organizational function that is focused on the maintenance and enhancement of products already in the marketplace. Your business objectives define your products, goals, and advantages in the marketplace.  We understand the insurance language which allows us to work closely with your staff to manage your company’s products.  We also understand that changes in the marketplace happen quickly. We use sophisticated technology and statistical models to provide support that includes managing the operational and financial facets of insurance products.  In addition, our experience has equipped us to respond quickly and effectively to opportunities, threats and regulatory requirements. With our experience in ratemaking, insurance company operations, market analysis, and regulatory compliance, we can partner with your firm to help you determine how to improve current programs to reach your operational goals.


  • Planning and strategy
  • Product design and implementation
  • Market analysis
  • Company licensing
  • Product review
  • Pricing
  • Data analysis
  • Regulatory compliance
  • Technology support
  • Policy form creation
  • Rate manual changes and updates


Paul Merlino