Lines of Business/Areas of Expertise

We provide our services in virtually all lines of property and casualty business. We perform the most work in the following lines of business and/or areas:

Private Passenger Auto

• Development of rate indications
• Reviews of key rates and rating factors
• Competitive analyses
• Preparation of underwriting and rating rules
• Use of credit information and models in rating and underwriting, and product management
• Development new personal auto programs in various states.

Homeowners/Farmowners/Dwelling Fire

General/Professional Liability for Providers of Long Term Care

• Extensive experience with skilled nursing, assisted living, independent senior living, and continuing care retirement communities
• Actuarial feasibility studies for captive and RRG formations
• Ongoing actuarial and management assistance to 15 captives and 4 risk retention groups
• Provide assistance in 6 on shore venues and 4 off shore venues
• Assistance with development of risk management programs
• Reserve analysis and actuarial certification/statement of opinion on reserves
• Development of ratio and rate structures
• Pricing and underwriting
• Reinsurance structure analysis
• Assistance with insurance and healthcare regulatory compliance

Workers Compensation

• Reviewing rate filings on behalf of state insurance departments
  • Alabama NCCI Rate Filings
• Assisted in state financial examinations of insurers and self-insured funds that write exclusively workers compensation insurance.

Medical Malpractice

• Analyze medical malpractice exposures through our work with various physician groups listed below
  • Patient Compensation Funds
  • JUAs
  • Captives
  • Trusts
  • Medical Malpractice carriers
• Assistance with risk management issues, such as appropriate retention, alternative risk mechanism analyses and captive formations
• Assist State Insurance Departments on financial examinations and rate filing reviews of medical malpractice insurers
• Analyze the markets in the following states:

Reinsurance

M&A has gained extensive reinsurance experience through various means. David Shepherd, FCAS, MAAA was a reinsurance actuary and underwriter as an officer of two different reinsurance companies, most recently serving as the Chief Actuary and Chief Underwriting Officer. His 10 years of reinsurance experience was spent working in virtually all aspects of the reinsurance business. Mr. Shepherd has continued to work directly with reinsurers and reinsurance brokers as an actuarial consultant.

In addition to Mr. Shepherd’s direct involvement with reinsurers, all M&A credentialed actuaries have addressed reinsurance structure, coverage, and risk transfer issues through work with our primary insurance company clients. Our actuaries are also involved in treaty negotiations and structure development and analysis for our risk-taking clients.

• Assisted on the financial examinations of several of the larger reinsurance companies.
• Analysis of risk transfer characteristics of contracts. This analysis covers, among other issues, the appropriateness of the company’s retention and the magnitude of the protection provided.

Inland Marine

Accident & Health

• Assisted on approximately 30 HMOs examinations
• Assisted the program development and setting of rates and rating factors for an Occupational Accident program
• Analyze the health costs and claim reserves for small and large self-insured entities.

Products Liability

Commercial Auto

Mortgage Guaranty

Financial Guaranty

Surety/Credit

Assisted the NAIC Credit Property working group drafting a Credit Property Model Act. We directly consulted with the Commissioner of Alabama, the chair of the group.

Credit Related Insurance

Assistance with the setting of statewide maximum rates or prima facia rates for insurance products where the product's price is not driven by competitive market pressures or the relationship between losses and premium.

• Assisted the Alabama department in the setting of maximum rates for property credit products and other regulations related to involuntary unemployment products. Matt Merlino participated in the development of the resulting rules and regulations related to these products.

Use of Credit/Financial responsibility in Underwriting and Pricing

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