We provide analyses for casualty lines of coverage including workers compensation, general liability, products liability, automobile liability, professional liability and many others.
Loss Reserve Analysis
Set and achieve an appropriate level of reserves, whether you are an insurer, self-insured or use a large deductible or other loss-sensitive plan. Our typical reserve evaluation provides a central estimate of our client’s ultimate and outstanding losses.
Surplus/Capital Adequacy Analysis
All entities that retain (or assume) risk are exposed to financial uncertainty regarding the future outcomes of these risks. In order to protect itself from adverse events that may occur, a company should hold capital that is commensurate with its level of risk appetite.
Risk Retention Analysis
Helpful for determining the optimal level of risk for your organization, whether you are self-insured, a captive, or a risk retention group. We will help assess advantages and disadvantages of different levels of risk retention.
Captive Insurance Services
Is a captive the next step in your risk management evolution? Select’s captive feasibility studies are tailored to helping you evaluate the pros and cons of this strategic decision.
A loss forecast study can help your organization plan for future costs and assist in evaluating alternative retentions or limits. To begin, a client’s own historical losses are analyzed and used to project the future experience.
Select Actuarial Services can also help you with a myriad of other services specifically designed to address your particular situation. Today’s market demands a company that can provide agile solutions to a dynamic, and sometimes unpredictable environment.