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Business Interruption Coverage for Captives in a Post-Covid World
Nick Gurgone November 11, 2021 Posted in: Blog, Captives, General
Many people have vivid memories of where they were when COVID-19 became “real” for them. It was the moment that the pandemic evolved from an intangible topic on the news impacting people somewhere far away to something that directly affected daily life in their own communities—and for an a seemingly indefinite period of time. Much in the world has changed as a result of the pandemic, some of it perhaps permanently. In the captive insurance world, coverage for business interruption (BI) may be one of those changes. 
Data Issues: Frequent Problems and Your Solutions
Multiple November 08, 2021 Posted in: Blog, General

What makes data “bad” or difficult to work with? For actuarial consultants, data from clients is crucial to a comprehensive analysis. Although that data may arrive with any number of issues and challenges, solving those puzzles gives actuaries the opportunity to demonstrate our ability to adapt, innovate and communicate.

The Language of Consulting
Danny Linton September 23, 2021 Posted in: Blog, General

As far as I can remember, I have always been drawn to numbers. Throughout my early education, I gravitated to all the various “toys” designed to instill a tactile knowledge of mathematical tenets; there were number chains, peg boards, puzzles (some were even three-dimensional!), to name a few. This attraction has always been founded on one notion, or cliché: “numbers don’t lie.”

Will Artificial Intelligence Reshape Insurance and the Actuarial Profession Along with It?
Mitch Caster June 23, 2021 Posted in: Blog Posts, Cyber
Efficiency and accuracy have always been big objectives of business, specifically efficiency in customer service and work processes. Artificial intelligence (AI) has proven helpful for businesses looking to accomplish those objectives and, as a practice, has moved to the forefront of many professional fields, including insurance. AI’s growing implementation has the capacity to reshape the way we experience insurance – and not just in expected ways.
Michael Chen

When Preparation Meets Opportunity

Being ready when opportunity knocks.

When Preparation Meets Opportunity
My colleague at Pinnacle Actuarial Resources, Inc., Gary Wang, often says that he’s lucky. As a consulting actuary in the field of predictive analytics, Gary lives the exact life he envisioned for himself when he was a kid. I understand how Gary feels. We are fortunate to work in an exciting and expanding industry absolutely filled with opportunity. We get to work with great clients and tackle interesting projects on a daily basis. It’s an exceptional time to be in predictive analytics and I agree with Gary: We are incredibly lucky.
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