Know Your Risk. Know Your Reward.

Canary Consulting is an actuarial insurance consulting firm offering the highest quality actuarial services available in the Property & Casualty insurance industry. We offer three primary services: Actuarial Consulting, Predictive Modeling, and Rate & Form Filing support. We specialize in Property & Casualty Commercial Lines of insurance, including Workers Compensation insurance. Our level of personal attention and insight with our clients sets us apart from our peers in the actuarial consulting industry.

Actuarial Consulting Services

Pricing

  • Actuarial Rate Level Analysis
  • Predictive Models for Ratemaking
  • Rate and Rule Manual Design
  • Base Rate Development and Rate Level Analysis

Reserving

  • Loss Reserve Analysis and Review
  • Loss Development Predictive Models
  • Funding Analysis
  • Statement of Actuarial Opinion

Product Development

  • Policy Form & Rate Manual Development
  • SERFF Rate & Form Filing Preparation and Submission
  • Competitor and Market Research

 

Rate Filing & Regulatory Compliance

When insurance is regulated individually by each jurisdiction in a constantly changing regulatory climate, the filing and approval process for your insurance product can be an overwhelming task. We have extensive experience with the Rate and Form Filing process for nearly all lines of insurance, including:

  • Workers Compensation
  • Businessowners Insurance (BOP)
  • Commercial Auto
  • General Liability
  • Medical Malpractice
  • Pet Insurance
  • Cyber Risk Insurance Products
  • Title Insurance
  • Professional Liability

Actuarial Consulting with CANARY

CANARY Consulting is a unique Actuarial Firm with the consulting experience, insight and creativity to provide you the best solutions for your Property & Casualty risk. We've priced prospective risks and calculated Loss Reserves for all types of Property & Casualty insurance risks using a wide range of Predictive Modeling and Actuarial methods. Our team of analysts are experienced with the Rate Filing and Form Filing regulatory process in all jurisdictions. We can commit to you a level of personal attention to your project that no other Actuarial firm can offer, enhancing your understanding and trust while increasing the profitability of your venture. 

Our clients include major Commercial and Personal lines insurance companies with extensive international operations, smaller regional mutual insurance companies and single-line insurers, insurance and insurtech entrepreneurs, and self-insured municipalities, corporations, hospitals and non-profits.

Give us a call, we're ready to talk about your risk.


New Problems, New Solutions | Examples in Insurance and Risk

Are your Actuarial Reports telling you the whole story?  We use predictive modeling methods to leverage as much of your data as possible to give you the best estimate of your insurance risk exposure, while helping you to identify the drivers of that risk.

Trying to file a unique or unusual insurance product? No problem – we have worked with many jurisdictions through the Rate and Form filing process to help firms gain regulatory approval for their new, unusual or complicated insurance products so that you can get your new insurance idea up and running right away.

Trying to price a new insurance product with little or no data? We will work with you and all regulatory jurisdictions to understand, develop and support rates, rules and forms designed to suit your needs and maximize profitability.