Our Services
Allegiant Actuarial is able to accommodate your actuarial and risk needs in a friendly and pragmatic way.
Our services include:
- Capital Adequacy Analysis
- Specialty Risk Pricing
- Premium Benchmarking
- Financial Examinations
- Feasibility Reports
- Reinsurance Risk Transfer Analysis
- Loss Reserve Analysis
- P&C Rate Filings
- Valuation Reports
- Expert Witness & Litigation Support
OUR SERVICES
Feasibility Reports
The first stage of any alternative risk vehicle should be the feasibility report. The feasibility
report provides a road map to the success of a captive or other structure and will consider,
specific to any client’s needs:
- Actuarial pricing
- Financial projections
- Capitalization
- Motivation
- Structures
- Jurisdiction
- Risk identification and evaluation
- Service providers
Allegiant works with clients and key counterparties to provide, in all or in part, a feasibility study.
Establishing a sound foundation is key to the success of any captive and our feasibility reports will help a client move forward with confidence.
Expert Witness & Litigation Support
Allegiant offers their array of services to work with those that require professional opinion in adverse situations including litigation.
Pricing Analysis
Establishing accurate premiums is vital. Too low and capital is exposed. Too high and competitiveness is impacted. We understand the critical importance pricing has for your business. Allegiant works with clients to understand their unique risks. We specialize in
developing new and innovative insurance products to help manage those risks.
Risk Retention Analysis
We empower clients to make informed decisions on different levels of risk retention by analyzing options based upon a client’s risk appetite, insurance market benchmarks and regulatory considerations.
Loss Reserving
As the significant line item of an insurer’s liabilities, precise loss reserves are critical to accurate financial statements. Allegiant provides loss reserve reviews and works with clients to monitor development and trends as well as providing Statements of Actuarial Opinions.
Reinsurance and Risk Transfer Analysis
Considering the transfer of risk from ceding companies to reinsurers is an essential task. We
perform formal testing and analysis of reinsurance transactions considering the assumed risk by the reinsurer, the ability of the reinsurer to pay the claims and that the transaction is not considered a financial rather than insurance transaction. We analyze potential scenarios to quantify the possibility that the reinsurers will recognize a significant loss on the transaction.
Capital Adequacy Analysis
We work with our clients to analyze risk appetite, surplus and capital adequacy in the event of adverse events or series of events that may impact the financial security of a risk bearing entity.
Annual Statements
Insurers, captives, risk retention groups and others risk-bearing entities are required to provide annual statements to regulators. We work with a client to help facilitate the regulatory filings including preparation of Statement of Actuarial Opinion and Actuarial Opinion Summary.
Regulator liaison
We enjoy professional relationships with a number of regulators in the US. We understand their expectations of a regulated entity. We work with clients and their advisors in dialogue with regulators to ensure positive outcomes when interaction is needed to resolve questions or issues.
P&C Rate Filings
We work with commercial insurers to make filings to a state regulator in order to establish or amend rate and form for commercial lines in which they participate.
Financial Examinations
Allegiant is available to work with State Insurance Departments to conduct risk-focused examinations on their behalf.
Who we serve?
Allegiant Actuarial operates throughout the US and serves the need of a diverse portfolio of clients including:
- Risk Pools
- P&C Carriers
- Public Entities
- Insurance Managers
- Self-Insurance Groups
- Captive Insurance Companies
Our experience includes may business sectors that encompasses:
- Healthcare
- Real Estate
- Food Services
- Transportation
- Manufacturing
- Retail
- Insurance
- Education
- Energy
- And many more
OUR CLIENTS
Captive Insurance
Risk is dynamic. It changes in an ever-changing risk environment. We recognize that and work
with captive clients to understand the business of their underlying operating entities. Our goal is always to meet the current needs of the client together with an eye on the future. A passive engagement will provide limited results. To address the potential hazards faced we must operate in partnership with the client. Only then can we provide the services that are needed in
a professional and meaningful manner including:
- Feasibility reports
- Standard line pricing analysis
- Specialty line pricing analysis
- Risk retention analysis
- Loss reservinG
- Capital adequacy analysis
- Annual statements
- Regulator liaison
- Expert Witness and litigation support.
Regulators
Although not our core business we support regulators in their role to provide a stable captive insurance environment. Working with the regulator provides services to cement the foundation of the captive industry. Our services include:
- Third party reviews for RRG & specialty captives
- Independent opinion
- Financial examinations
Self-Insurance Groups
Self-insured groups bring together homogeneous risks from a wide diversity of individual risks. We work with groups to better understand the needs of the individual for the betterment of the group. Multilevel understanding allows us to provide better services that, besides other,
principally include:
- Feasibility reports
- Pricing analysis
- Loss reserving
- Capital Adequacy Analysis
- Reinsurance and risk transfer analysis
P&C Carriers
We work with traditional insurers to support their in-house capabilities. Out general services include:
- Pricing analysis
- Annual statements
- Loss Reserving
- Regulatory Rate filings
Risk Pool
Bringing together individual risks and redistributing the assets and liabilities of the group bring many challenges relating to risk, financial, regulatory and legal issues. We work with the pooling entity and their key advisors to bring about a greater understanding of potential issues in addition to our role that will include:
- Pricing analysis
- Loss reserving
- Reinsurance and risk transfer analysis
Brokers & Agents
The world of risk is ever more complex. Many brokers are looking to self-insurance options for clients that do not want the frictional cost of working with a & carrier. That may include a captive option, but many times will not. We work with brokers to evaluate risk exposures and advise on options for innovative solutions to better finance risk.
- Feasibility reports
- Pricing analysis
- Reserve analysis
Accounting Firms
Insurance can be a complex environment where those not regularly and fully immersed in it may sometimes have questions and doubts. We support accounting firms, particularly with regard to audit support, such as benchmarking reserves, so that they can work with their client with confidence.
Captive Manager
We take a holistic approach to supporting captive managers. As well as providing our range of Captive Insurance services we work to empower the manager to develop their business and facilitate growth through a partnership approach. We support the manager in the many forms of alternative risk such as captive insurance companies, Risk Retention Groups, self-insured group, and risk pools. Core disciplines embrace:
- Feasibility reports
- Standard line pricing analysis
- Specialty line pricing analysis
- Loss reserving
- Capital adequacy analysis
- Annual statements
- Regulator liaison
- Expert Witness and litigation support.