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 […]

SIGMA’s An Actuarial Advantage Book Club is a virtual, multi-session event hosted once a year. Each series includes four forty-five-minute sessions that give participants the opportunity to take a deeper look into An Actuarial Advantage, with insights and guidance from the SIGMA team. The book club is a great way to explore each chapter and […]

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 […]

As legislative and regulatory requirements surrounding insurance coverage become increasingly complex and dynamic, organizations must rely on advanced actuarial analysis to ensure sound risk management and compliance. The constant evolution of legal frameworks demands a clear understanding of critical factors such as implementation timelines, effective dates, and whether changes apply retroactively or prospectively. SIGMA has […]

SIGMA’s An Actuarial Advantage Book Club is a virtual, multi-session event hosted once a year in the fall. Each series includes four forty-five-minute sessions that give participants the opportunity to take a deeper look into An Actuarial Advantage, with insights and guidance from the SIGMA team. The book club is a great way to explore […]

SIGMA has been actively engaged in collateral research, publications, and education for a number of years, and many of our longtime readers will likely be familiar with a key aspect of these efforts: The Collateral Survey. Beginning in 2013, these periodic surveys helped evaluate current trends and issues in the collateral space. We are happy to […]

Cyber risk remains a critical concern for businesses, requiring a sophisticated actuarial analysis to project potential losses and financial exposures. As cyber threats continue to evolve, actuarial insights into loss projections and risk management strategies are essential. Understanding the financial impact of cyber incidents helps businesses optimize their retention levels, enhance insurance strategies, and consider […]

The assessment tools available in RISK66 are an integral part of our platform, and we would like to thank those who have shared positive feedback over the years regarding their usefulness. Because of our desire to continue providing exceptional support to our RISK66 users, SIGMA is excited to announce the latest addition to our online suite, […]

In 2011, SIGMA’s Tim Coomer authored a blog titled "Understanding Loss Development Factors” in response to the numerous questions we received on the concept of loss development. Since then, it has become SIGMA’s most viewed blog of all time and continues to receive significant amounts of views on a monthly basis. Between Tim's ability to […]