P & C Insurance Companies

Computer Support

  •  Data Conversion 
  •  Statistical Reporting

High Tech Data Analysis

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IIC, LLC for the Property & Casualty Industry PDF  | Print |

IIC, LLC is an independent actuarial and insurance consulting firm managed and owned exclusively by the consultingpaces.jpg 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 Property & Casualty Insurance Industry. Selected services we can provide to you and your company are:

P & C 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 for Worker's Compensation and Commerical lines. 
  • 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 client’s 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 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.