Insurance Industry Consultants, LLC. is an independent actuarial and insurance consulting firm managed and owned exclusively by the consulting associates within the firm.

     The Company has established a solid track record with both Regulatory and Industry clients since its formation in 1983.

     Projects are completed by a team of professionals. We provide timely, cost effective services as well as practical advice to our clients. We work on either a time and expense basis or flat fee arrangement. We can provide a fee estimate for any project.

     Our personnel have considerable expertise in the Insurance Industry. Services we can provide to you and your company are:

Insurance Companies

- We focus on the needs of small to medium size insurance companies, including captives. Attention is given to regular loss reserve evaluations and rate adequacy.

- Assist company management to develop insurance products from the pro forma stage to final implementation of rates and required regulatory filings.

Self-Insurance Funds

- We provide a similar range of actuarial services to over thirty funds in the Southeast area with a combined annual premium volume exceeding $300 million

- Assist management and TPA's with data collection of analytical information

Excess of Loss Insurance

- Forecast specific losses within layer of liability including estimating the number of claims penetrating each coverage threshold within layer

- We use loss experience from the clients computer files as source data and we use computers with specialized software to compile analytical output

 High Tech Data Analysis

- We utilize SAS Software to manipulate large data files for analytical purposes such as modeling and forcasting by injury/disability type in Workers' Compensation

- Modeling and forecasting by injury/disability type in Workers' Compensation

- Generate premium at present rates using current exposure for pricing adequacy review rather than using estimation methods which are less accurate but still popular