Risk Management Blog
Get the Latest News from SIGMAExcel Tips for Loss Runs – Filters, Pivot Tables, and Formulas
Excel is often seen as a foundational tool for anyone wishing to navigate and organize large sets of data, but getting acclimated to working in Excel can feel like a daunting task. Thankfully, there are numerous easy-to-learn tools such as filters, pivot tables, and...
Workers Compensation Benchmark Loss Projections
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...
Silent Evidence in the Captive Insurance Landscape
Enoch Starnes recently authored an article for Captive International titled "Silent Evidence in the Captive Insurance Landscape”. ‘Silent’ evidence is information we don’t have access to due to the type of data being collected or our own inability to recognize that it...
SIGMA’s Advanced Analytics Overview Brochure
Companies of all sizes are continuously finding new ways to integrate advanced data analytics into their risk management strategies. Based on the relative dominance of “big data” in industry headlines, these innovative efforts don’t appear to be slowing down anytime...
SIGMA’s 2021 Highlights
Numerous obstacles and challenges for the insurance industry continued to linger in 2021, but SIGMA’s goal of providing superb actuarial services, educational resources, and opportunities for employee growth has remained undeterred. SIGMA is very fortunate that our...
Year-end 2021 Actuarial Report Prep
November is here, and the time is quickly approaching for most companies to complete their annual actuarial report for retained liabilities. As you begin preparing for your company’s year-end 2021 analysis, review the list of tips below to help ensure this process is...