Huggins Actuarial Services, Inc. is a full-service, independent actuarial consulting firm with roots dating back to 1911.
Employee Benefit Trusts:
Captives and Rent-a-Captives:
Risk Retention Groups (USA):
Self-Insured Retentions (Liability):
Mutual Insurance Companies:
Self-Insured Workers Compensation (USA):
The future is full of uncertainty. Some of the events that can happen are undesirable. “Risk” is the possibility that an undesirable event will occur. Actuaries are experts in:
Actuaries are the analytical backbone of our society’s financial security programs. They are the brains behind the financial safeguards we have implemented in our personal lives, so we can go about our daily lives without worrying too much about what the future may hold for us. These are the safeguards that protect us from life’s catastrophes. The insight into risk that actuaries have also helps to ensure that our savings are working hard for us, so that everything we love and cherish can grow and flourish. The work of actuaries benefits all of us.
The impact of undesirable events can be both emotional and financial. Reducing the likelihood of these events helps relieve emotional pain. But some events, such as death, cannot be totally avoided. So, reducing their financial impact is very important. Huggins Actuarial Services, Inc. employs leading professionals that find ways to manage risk. It takes a combination of strong analytical skills, business knowledge and understanding of human behavior to design and manage programs that control risk.
Huggins Actuarial Services, Inc. offers the expert actuarial services critical to the success of any property and casualty insurance endeavor. We can help develop products, establish pricing guidelines, set up reporting infrastructure to monitor emerging results, design appropriate reinsurance programs, commute reinsurance agreements, perform financial reporting, evaluate reserve provisions, support statutory compliance, and so forth. In short, we help clients succeed in today’s difficult P&C environment.