Property and Casualty
Rudd and Wisdom provides services to property and casualty insurance companies, self-insured entities, and alternative arrangements include.
General Management Consulting
Involvement with management in development of business plans, operational philosophy and strategy and long term goals; preparation of Federal Income Tax estimates and assistance with tax strategies
Rate Setting
Analysis of experience, projection of trends, strategic planning, and development of appropriate balance between rate equity and rate adequacy
Reserve Determination
Analysis of case loss and loss adjustment expense reserve development, review of claim reporting patterns, analysis of trends, appraisal of impact of extraordinary changes, determination of IBNR and loss development reserve estimates
Reinsurance
Assistance to management in development of reinsurance program, selection of retention levels, evaluation of reinsurance proposals and communication with reinsurers, intermediaries and underwriting managers
Communication with Regulatory Authorities
Assistance with rate filings, insurance department examinations, and regulatory issues
Valuation
Valuation of insurance companies and blocks of insurance business based on projections of profitability of past, current and future business written
