Betsy Branagan leads the reserving and claims analytics function at Xceedance. She has over 30 years of experience in traditional actuarial roles of reserving and pricing as well as expertise in leadership, strategy, data management and organizational change.
Prior to joining Xceedance, Betsy held the position as the Appointed Actuary for Plymouth Rock Assurance Company where she managed the loss reserving function, presented results to the executive team, and signed the annual Statement of Actuarial Opinions. She also managed the pricing function which provided indications and state rate filing support across the company’s six state footprint. In addition to her core reserving and pricing roles, Betsy led the integration of data from acquired entities; implemented new reserving tools and processes; directed the development of loss estimates for the annual planning process; worked with the marketing team to create, implement and monitor agency profit share plans; and developed diagnostic tools to identify opportunities and more effectively communicate with business partners.
Prior to joining Plymouth Rock, Betsy held leadership roles at Hanover Insurance Group, Arbella Mutual Insurance Company, and AIPSO. Her main focus in these positions was providing direction for rate adequacy analysis and reserving across personal lines and small commercial lines of business. Betsy was also instrumental in the business planning process, new product implementation, and acquisition activities.
In addition to her work with her employers, Betsy has been involved on various industry committees. She currently serves as the chairperson of the Massachusetts and Rhode Island FAIR Plan Actuarial Committees and is a member of the American Academy of Actuaries’ Committee on Property and Liability Financial Reporting. She has served in a number of roles for the Casualty Actuarial Society and has been a member of the Commonwealth Automobile Reinsurers Loss Reserving Committee, the Massachusetts Automobile Insurers Bureau Actuarial Committee, and the Massachusetts Workers Compensation Rating and Inspection Bureasu Actuarial Committee.
Betsy is a Fellow of the Casualty Actuarial Society, a Member of the American Academy of Actuaries, and holds the designation of Agribusiness and Farm Insurance Specialist. She has a master’s degree in business adminstration from Indiana State University’s Kelley School of Business and a bachelor’s degree in mathematics from Clark University.