Independent Actuarial Consulting

Actuarial judgment.
AI precision.
Every engagement.

CAI combines decades of actuarial expertise — FCAS, FSA, MAAA — with artificial intelligence across every line of business, from property & casualty reserving to life, health, and OPEB studies.

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Practice Areas
Property & CasualtyFCAS
Life & Health InsuranceFSA
Healthcare ConsultingFSA
Employee Benefits & OPEBFSA
Capital Adequacy & Risk TransferFCAS
Insurance M&A Due DiligenceFCAS · FSA
Expert Witness & LitigationFCAS · FSA
FCAS
Fellow, CAS
FSA
Fellow, SOA
MAAA
Member, AAA
25+
Years Experience
P&C · L/H
Dual Practice
About CAI

Senior expertise, personally delivered.

CAI Actuarial is an independent actuarial consulting practice serving insurance entities of every type and size. Every engagement is handled personally by a credentialed Fellow — the same actuary who does the analysis signs the opinion.

With dual credentials in both property & casualty and life & health, CAI covers the full spectrum of actuarial work — from loss reserve opinions and OPEB valuations to insurance M&A due diligence and expert witness testimony.

AI handles the data and modeling. The judgment comes from over 25 years of experience across every line of business.

01
Property & Casualty · FCAS

P&C Actuarial Services

Independent reserve opinions, rate-making, and risk modeling for carriers, RRGs, captives, self-insureds, and reinsurers.

Loss Reserve Opinions

Independent actuarial reserve opinions with full documentation for regulators and auditors.

Rate-Making & Pricing

Data-driven rate indications identifying pricing patterns that traditional methods can miss.

SAO & Regulatory Filings

Actuarial opinion statements, Schedule P analysis, and state filing support.

RRG & Captive Opinions

Specialized reserve opinions and feasibility studies for Risk Retention Groups and captives.

Predictive Analytics

AI-assisted claim frequency, severity, and development forecasting for proactive decisions.

Reinsurance Analysis

Ceded reinsurance reviews and actuarial support for treaty and facultative programs.

02
Life & Health · FSA

Life & Health Actuarial Services

FSA-credentialed reserve opinions, cash flow testing, and product pricing for life insurers, health plans, and reinsurers.

Life Reserve Opinions

Statutory reserve adequacy opinions, cash flow testing, and asset adequacy analysis.

Health Plan Reserving

IBNR and premium deficiency reserves for health insurers and self-funded plans.

Product Pricing

Rate development for life, annuity, long-term care, and health insurance products.

Long-Term Care

Reserve analysis, rate adequacy studies, and morbidity assumption development.

Life & Health Reinsurance

Actuarial support for transactions — pricing, reserve cessions, and experience analysis.

Regulatory Compliance

Actuarial opinions for state filings and annual statements across all life and health lines.

03
Healthcare Consulting · FSA

Healthcare Actuarial Consulting

Rate filings, Medicare, Medicaid, and ACA compliance for health plans, provider groups, and government programs.

Health Plan Rate Filings

Premium rate development and regulatory filing support including ACA actuarial value certifications.

Medicare & Medicaid

Medicare Advantage bids, Medicare Supplement pricing, and Medicaid managed care analysis.

Employer Group Benefits

Plan design evaluation, cost projections, and self-funding feasibility analysis.

Healthcare Cost Analysis

Trend analysis, utilization review, and cost projection studies for health plans and TPAs.

Stop-Loss Consulting

Attachment point analysis, aggregate corridor development, and experience studies.

ACA Compliance

Actuarial value calculations and minimum value determinations for ACA-regulated plans.

04
Employee Benefits & Retirement · FSA

Employee Benefits & Public Entity Studies

OPEB valuations, pension studies, and benefit plan analysis for municipalities, school districts, and employers of all sizes.

OPEB Actuarial Valuations

GASB 74/75 compliant Other Post-Employment Benefits valuations for public entities — required compliance, delivered efficiently.

Pension & Retirement Studies

Defined benefit plan valuations, GASB 67/68 compliance, and contribution projections.

Municipal & Public Entity

Full-service actuarial support for cities, counties, school districts, and governmental pools.

Self-Insured Pool Studies

Reserve opinions, funding adequacy analysis, and contribution studies for public entity pools.

Plan Design Analysis

Actuarial cost impact studies for benefit plan design changes and liability management.

Experience Studies

Mortality, morbidity, turnover, and retirement assumption studies for ongoing valuations.

05
Capital Adequacy & Risk Transfer · FCAS

Capital Adequacy & Risk Transfer Analysis

Actuarial analysis of capital requirements and risk transfer structures for insurance entities, captives, and alternative risk programs.

Capital Adequacy Studies

Actuarial assessment of required capital levels for carriers, RRGs, and captives.

Risk Transfer Analysis

Quantitative analysis of whether reinsurance structures achieve genuine risk transfer, including ERD analysis.

Stress Testing & Scenarios

Adverse scenario modeling and tail risk quantification for capital sufficiency assessment.

Asset-Liability Management

Analysis of asset-liability matching and investment adequacy for insurance portfolios.

ERM Support

Enterprise risk modeling across underwriting, reserve, operational, and financial categories.

DFA & Financial Modeling

Dynamic financial analysis projecting outcomes across economic and underwriting scenarios.

06
Insurance M&A · FCAS · FSA

Insurance M&A Due Diligence

Independent reserve adequacy reviews and actuarial due diligence for insurance acquisitions, run-off transactions, and portfolio transfers.

Reserve Adequacy Reviews

Independent assessment of loss and LAE reserve adequacy identifying development risk before close.

Loss Portfolio Analysis

Tail risk quantification, large loss review, and reserve range development for buyers and sellers.

Captive & RRG Transactions

Actuarial due diligence for captive restructurings and RRG acquisitions.

Run-Off Consulting

Reserve opinions supporting commutations, loss portfolio transfers, and novations.

Fairness Opinions

Independent opinions supporting transaction fairness and regulatory approval.

Life & Health M&A

Due diligence for life, health, and annuity transactions — reserve review and assumption validation.

07
Expert Witness & Litigation · FCAS · FSA

Expert Witness & Litigation Support

Independent actuarial testimony and litigation support for insurance disputes, reinsurance arbitrations, and regulatory proceedings.

Insurance Coverage Disputes

Actuarial analysis and testimony on reserve adequacy, loss development, and claims valuation.

Reinsurance Arbitration

Expert actuarial support for reinsurance disputes — loss portfolio analysis and reserving methodology.

Bad Faith Claims

Independent review of claims handling, reserve setting practices, and loss development.

Business Interruption

Actuarial analysis of business interruption losses and damage quantification.

Regulatory Proceedings

Actuarial testimony before state insurance departments and regulatory bodies.

Damages Quantification

Rigorous actuarial methodology, documented and supported at every step.

Our Approach

Actuarial judgment. AI efficiency.

AI handles the heavy lifting on data processing and initial modeling. The actuarial judgment — and the signature — come from a credentialed Fellow with over 25 years of experience. The result is analysis that is faster, more thorough, and fully documented.

Faster delivery

AI processes data and builds initial models in a fraction of the traditional time — without reducing rigor.

More thorough analysis

Machine learning identifies patterns across large datasets that traditional methods may not surface.

Fully documented

Every output includes method comparisons and sensitivity analysis, ready for audit or regulatory review.

Independent

Fully independent. No affiliated interests. The opinion reflects the analysis, nothing else.

Analysis by Practice Area
P&C Reserve Analysis96%
OPEB Valuation94%
Healthcare Cost Modeling91%
Capital Adequacy93%
M&A Reserve Analysis89%
Risk Transfer Analysis92%
Who We Serve

Every type of insurance entity.

Every type of insurance entity — from large carriers to small municipalities.

P&C Carriers

Life & Health Insurers

Risk Retention Groups

Captive Insurance

Self-Insured Pools

Municipalities

School Districts

Health Plans

Reinsurers

M&A Principals

Attorneys & Litigants

Regulators & Auditors

Contact

Start a conversation.

CAI works with insurance entities of every type and size. There is no intermediary between you and our principals.