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 marking the 15th Anniversary of its initial release. Even in light of the […]
Current actuarial standards of practice indicate that multiple actuarial methods should be used to determine the estimated ultimate losses when completing an actuarial analysis of unpaid claim liabilities. One source of guidance related to actuarial methods and models is Actuarial Standard of Practice 43 (ASOP 43), particularly in Section 3.6.1. For example ASOP 43 states […]
7 Powerful Questions that will Challenge the Prospect's Incumbent Broker:During the past year, I have had the good fortune of visiting with many agents and brokers and sharing what “Powered by SIGMA” is all about. During these meetings, I get some excellent questions. The most common ones are: How do I know if a client […]