Services We Provide
We are well qualified to perform all actuarial work for your captive. Hayden Burrus, Principal Actuary, is authorized to certify captive reserves by the Vermont and South Carolina Insurance departments.
Cemetery Perpetual Care Fund Analyses
Cemetery perpetual care funds often contain significant assets, their existence also represents an obligation to pay significant liabilities for cemetery maintenance.
Complex Insurance Products
Large deductible programs, dividend plans and retrospective rating plans are all insurance products that will allow you to attract market share and retain existing policyholders.
Expert Witness Support
We have provided support work for litigation for nearly 10 years. Hayden Burrus’ experience with all aspects of the insurance industry makes him uniquely qualified ….
The actuaries at our firm have been in Florida for nearly 20 years. We are intimately familiar with the intricacies of the marketplace.
GASB 30 – Risk Financing
We have assisted clients for over 10 years in satisfying their GASB 30 (formerly GASB 10) requirements. Frequently, clients even request us to complete their claims development schedules to be included directly in the notes to the client audited financial statements.
While Health Care Reform has been in the news for some time, the main effects of the Patient Protection and Affordable Care Act don’t yet kick in until 2014.
Insurance Company Support
As a former executive and Chief Actuary for a multi-state insurance company, Hayden Burrus is in the unique position to provide a great deal of high level actuarial and insurance executive support.
In his roles as both a Chief Actuary of a multi-state insurance company, as well as a Senior Analyst for the National Council on Compensation Insurance (NCCI), our principal, Hayden Burrus secured regulatory approval for hundreds of rate filings.
Reserve reviews tend to be very long reports often numbering over 100 pages. Because of the voluminous detail of these reports, it is absolutely necessary to have a quality executive summary. We deliver.
SAS is a powerful analytic tool for the actuarial profession and the insurance industry in general. It allows for complex data processing and statistical analysis of databases containing hundreds of thousands or even millions of records.
Schedule P is a complex section of the Statutory Annual Statement (“Yellow Book”), demanding much expertise to complete and to understand.
Our self insured clients tend to be most interested in two things – stability of reserve estimates, and understandability of results. We deliver both.
Statement of Actuarial Opinion (SAO)
Statements of actuarial opinion are being increasingly scrutinized by regulators and auditors. Over the past few years there has been a significant expansion in the scope of information that must be addressed in the SAO.