One of SIGMA’s core objectives as an actuarial consulting firm is to help make actuarial analytics more accessible to insurance and risk professionals as they navigate increasingly complex risks. Cyber risk presents a particularly challenging example, given its evolving nature, low frequency of loss occurrence, and potentially high severity when losses do occur. These characteristics […]

The restaurant and food service industry faces a unique set of risk management challenges, from evolving claim trends and complex liability exposures to the need for accurate loss forecasting and financial planning. For more than three decades, SIGMA has partnered with large deductible and self-insured restaurant and food service organizations to provide independent actuarial insights […]

Michelle Bradley and Enoch Starnes were recently featured in an article by Captive Insurance Times titled, "Pricing the Unpriceable". In it, they discuss how cyber, AI and other emerging exposures move into captives well before a credible loss history exists. Consequently, the actuarial groundwork has to be built almost from scratch. Read on to hear […]

RISK66's Loss Forecaster is an easy-to-use, web-based tool for forecasting property and casualty losses and estimating required reserves. It features a comprehensive database of loss development and trend data, supports both incurred and paid methodologies, and can be customized to your needs. If you're unfamiliar with the software, you may need help interpreting its reports […]

The Consumer Price Index (CPI) is a crucial measurement of the cost of living in our economy, and since the economy is always changing, the methods used to calculate the CPI are adapting to that change. In this month's blog, we will be discussing some common questions regarding CPI, such as: what it is, how […]

In a recent article published by Captive International, Michelle Bradley and Enoch Starnes provide a guide to what needs to be addressed after companies with a captive are acquired or merged. Of the many considerations needed during mergers and acquisitions (M&A), one that may not be clearly defined is the integration of captives. Existing captive […]

In a recent article published by Captive International, Michelle Bradley and Enoch Starnes discuss, “A Reflection on Data and Analytics for Captives". In it, they examine the business world’s reliance on data and analytics as decision-making tools, and how it has undoubtedly increased over the past two decades. Captive insurance has, of course, been no […]

One of SIGMA’s core objectives as an actuarial consulting firm is to reduce the perceived gap standing between insurance professionals and their ability to utilize actuarial analytics in their day-to-day work. All too often, this obstacle stems from of a lack of time, resources, or comfort in using more effective analytical approaches. Take, for example, […]

In a recent article published by Captive International, Michelle Bradley and Enoch Starnes discuss “Legislative Changes and Captive Actuarial Analytics”. In it, they examine recent legal developments in the United States and how they might affect the captive insurance industry. The insurance world is constantly evolving, and exponentially so for the types of risks commonly insured through […]

Michelle Bradley and Enoch Starnes recently authored an article for Captive International titled “Loss Development Factors: A Primer for Captives”. In it, they summarize the basic attributes of loss development factors, discuss their impact on retained risk, and respond to common questions regarding their use. While the SIGMA team has written in the past about […]