Xceedance offers managed services and responsive technology solutions
across a wide spectrum of the insurance lifecycle.

ACTUARIAL SERVICES

Pricing

Rate Filing and Impact Studies

Loss and Expense Reserving

Capital Modeling

Xceedance is well-positioned to assist insurance organizations with a wide range of actuarial services. In conjunction with a robust partner network, Xceedance Actuarial Services provides solutions and resources to cover the key areas of pricing, reserving and capital modeling.

Pricing

  • Commercial lines and Personal lines pricing
  • Assist carriers with ratemaking and rate filing preparation for Personal and Commercial lines of business
  • Estimate funding levels for self-insured entities covering the parent’s medical malpractice exposure
  • Quantify rate impacts associated with ISO circular updates for various lines of business including Commercial Auto, Commercial General Liability, Commercial Property, Inland Marine and Crime

Reserving

  • Quarterly and annual loss and expense reserves estimation for self-insured entities, captives, insurers and reinsurers
  • Evaluation of loss reserve adequacy as part of merger and acquisition transactions
  • IBNR projection model for the monthly monitoring of loss and expense reserves
  • Actual versus expected analyses with explanations of significant differences
  • Financial reporting of reserves under various accounting standards (US GAAP, IFRS, UK GAAP)

Economic Capital Modeling

  • Maintain the company’s economic capital model on standard modeling platforms (e.g. Igloo)
  • Update the capital model on a monthly or quarterly basis for internal and external reporting purposes
  • Ensure the model complies with regulatory standards and with internal standards

The Xceedance actuarial services team provides clients with advanced analytical expertise. With in-depth industry knowledge and strong quantitative and technical skills, our team collaborates with the entire insurance organization to deliver productive and precise actuarial support.