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...
Fifteen years ago, Tim Coomer created “An Actuarial Advantage” with the goal of educating his fellow insurance colleagues on actuarial concepts and methodology. With well over 100,000 copies of the book now in circulation, we are excited to publish a new edition...
Over ten years ago, Tim Coomer developed the “Cone of Uncertainty” graphic and wrote a corresponding article on the decisions surrounding risk assumption and retention levels. When Tim heard about concepts that SIGMA’s clients struggled to comprehend, he would often...
When to Use a Pure Loss Rating Matrix When insureds are considering how to fund estimated liabilities for a future period, they will often use a loss projection and confidence interval to determine adequate funding. For company XYZ, Inc. projected workers compensation...
At the end of 2021, we offered guidance on preparing for a year-end actuarial analysis. June is now here, and many companies are considering a mid-year actuarial report for retained liabilities and prospective loss projections. Quarterly or semi-annual actuarial...
Calculating a benchmark loss projection for workers compensation requires two key pieces of data: loss costs and payroll, each broken down by state and class code. While payroll amounts are typically available to companies from internal sources, loss cost...
Terms: Your agency can offer this service to 100 of your firm’s top commercial clients with 1,000 employees or less.
Questions? Send us a note at support@sigmaactuary.com.
For teams up to 10 users, additional users can be added for $1500 per user
Each license includes:
Loss Forecaster
LORAN
Assessment Tools
Resource Library
Training
Questions? Send us a note at support@sigmaactuary.com.
Allows for unlimited users within your organization. We will call you to discuss pricing.
Each license includes:
Loss Forecaster
LORAN
Assessment Tools
Resource Library
Training
Questions? Send us a note at support@sigmaactuary.com.