FCAS, MAAA, CERA
Principal and Consulting Actuary
“Ch-ch-ch-ch-Changes (Turn and Face the Strange)”
Oct 10, 2017
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What's an innovative actuary to do?
Captive Review - Cayman Report
Authored by Robert J. Walling III.
December 3 2020 APEX Webinar
So You Want to Be An Innovative Actuary
Authored by Kendra Letang and Robert J. Walling III.
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Pinnacle was approached by a national insurer that wanted to develop a more sophisticated commercial automobile rating program. Their current commercial automobile plan was a traditional rating approach and did not take full advantage of driver, credit scoring or vehicle characteristics and the company felt they could take advantage of a significant opportunity in the market. Pinnacle, through the use of predictive modeling, assisted the carrier in designing a new rating and tiering structure, which included modifications of the rating plan, the introduction of underwriting scoring, and new territory definitions. This new structure allowed the company to have more precise rating, more adequate and yet competitive rates for a broader spectrum of risks.
Company Valuation Model
An international financial services holding company wished to become the sole owner of a company in which they had a substantial minority interest. One of our consultants designed a stochastic valuation model projecting dividend streams several decades into the future. One of the more interesting features of this model is that it did not merely arrive at a point estimate of the value of the firm but applied various assumptions to calculate a range of values. The assumptions were discussed in advance with management and the model produced a probability distribution of the value of the firm. This allowed the client to determine the likely return for a given purchase price, improving the decision making process that led to the holding company obtaining full ownership of the subsidiary.
Comparative / Contributory Negligence
In 2009, we were retained by a lawyers’ association to evaluate the historical impact of contributory negligence and comparative negligence tort systems on personal automobile insurance.
At Pinnacle, we partner with you to explore whatever path it takes to find the answers you need.
March 15, 2021
CAS Ratemaking, Product and Modeling (RPM) Seminar
March 18, 2021
March APEX Webinar -
Reinsurance 101 in 2021