Captive.com logo

Captive Insurance News

Corporate Governance: Free Survey Report

Corporate Regulation and Governance in Captives

A FREE 24-page special survey report from Captive.com

Delve into captive insurance governance matters including board attributes, board structure, and board accountability. With 30 years of insurance experience from the auditing, regulatory, and management side, Derick White, managing director of corporate governance and regulation for Strategic Risk Solutions, offers key insights into captive board governance.

Show Me My Free Survey Report

A Captive Insurer's Actuary Role Should Evolve

Shaking hands
September 09, 2016

Aaron Hillebrandt, a consulting actuary with Pinnacle Actuarial Resources, Inc., makes a strong case for captives viewing their actuary as a "strategic partner" in a September 1, 2016, blog published on Pinnacle's website.

How do you view the actuary retained for your captive? Do you view him or her as a person who calculates the loss reserves? Or do you view him or her as a person who provides a rate indication or a funding estimate for the next policy year?

The reality is that there is an array of services that actuaries can and do provide. Could an actuary help you with program design, benchmarking performance, claims analysis, and collateral requirements for fronting insurers or reinsurers? The experience of your Captive.com editors supports Mr. Hillebrandt’s proposition that an actuary is a "strategic partner" who can add value to captives in many ways.


Captive Insurance Company Reports
Follow Captive.com on Twitter

Twitter Feed