Cyber risk is likely the most significant property casualty risk to emerge in recent times. Premiums for cyber risk are growing significantly, and daily headlines bring attention to yet another major data breach affecting an entity. Most of us with credit cards have...
Many companies have a liability associated with retained losses through self-insured retentions or large deductible programs for a wide array of risks. These can include workers compensation, automobile liability, general liability, medical professional liability, and...
I have found that interviews can often produce interesting results and insights. So, this month, I decided to sit down with Tony King, one of our actuarial analysts, and discuss the popular topic of loss development factors. The conversation has been edited for...
A few months ago, we conducted a survey concerning the utilization of analytics in the retention decision process. As I continue through the PhD program at Oklahoma State University my prospective dissertation topic continues to move toward the study of analytical...
Loss simulations and confidence level analyses are important tools when budgeting for projected losses in the upcoming year. The projected loss pick determined by an actuary provides the expected or average value of losses, but it is also important to understand the...
In the SIGMA Tech Talk titled “Understanding Loss Development Factors,” we introduced IBNR losses as those losses which occur during a loss period but are not reported until a later date. The definition of IBNR also typically includes development of known claims. In...
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.