Michelle Bradley was recently featured on Dickinson Wright's Captive Corner podcast in an episode titled, "Understanding Insurance Pricing." In this episode, Michelle and host, Hale Stewart, break down the key components of an actuarial feasibility study, explaining the data that drives the analysis and how actuarial judgment is applied based on a captive's coverage, structure, and experience.
Using the workers' compensation program of a hypothetical company, "Acme", as an example, the discussion walks listeners through the data inputs, pricing methodology, and calculations that support the actuarial process. It's a practical look at one of the questions we hear most often: "How is the pricing determined for a captive insurance policy?". If you've ever wondered what goes into captive insurance pricing, this episode offers valuable insights and helps demystify the process.
For more captive insurance insights, be sure to follow Hale Stewart on LinkedIn, where he regularly shares fantastic educational resources, industry updates, and practical guidance for captive owners and advisors.
We welcome discussion with any of our insurance colleagues who want a better understanding of these topics, and those wishing to contact us can do so at support@SIGMAactuary.com or by scheduling a call today with one of our consulting actuaries.
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