Consulting Services

Insurance Consulting

Insurance Consulting requires a unique blend of skills, experience, and knowledge. ACG provides the following consulting services to insurance clients.

• Business Review - A comprehensive analysis of current and future business expectations, emphasizing strategic positioning, product lines and diversification. Each factor is reviewed to better understand their impact on overall investment strategy and asset allocation.
  
  
• Actuarial Review - ACG will review the insurance liabilities and projected payout schedule as prepared by your actuary. This information is critical in its integration into our modeling process.
  
  
• Dynamic Financial Analysis - Comprehensive scenario modeling which integrates the effects of the business (premiums, claims, liquidity levels), actuarial payout projections and investment portfolio factors (asset reserves, surplus, various asset allocations).
  
  
• Review/Revision/Creation of Investment Guidelines and Policy Document - A policy document is critical to the overall direction of the investment portfolios. Derivative policy, FASB 115 considerations, RBC constraints, permitted investments, benchmarks and State/Federal regulatory factors are all addressed.
  
  
• Policy Compliance - The Investment Portfolio must routinely be audited to assure the Board and Staff that all investment matters are in compliance with applicable standards.
  
  
• Portfolio Management Process - Determination of the appropriate investment structure with considerations and recommendations regarding the following:
  
  
• Internal vs. External Management
• Nature and Complexity of Investment Portfolio Structure
• Active vs. Passive Management Style
• Monitoring; Benchmarking Mechanisms
  
  
  
• Review of Current Portfolio - We use numerous tools to analyze current holdings through detailed portfolio diagnostics, attribution reports, and risk/return characteristics. These tools include BARRA attribution and diagnostic software and BondEdge analytics and style analysis, providing sensitivity analysis, cash flow projections, performance attribution.
  
  
• Quarterly Performance Measurement/Attribution - ACG calculates and reports all investment portfolio performance. All reports are custom to specific client requests and concerns. All internal and external managers are evaluated.
  
  
• Investment Advice - ACG serves as an extension of the client's staff in any investment-related matter including manager fee negotiation, vendor selection, expert witness, trading, compliance, commissions, custodial issues and securities lending.
  
  
• Manager Search/Selection/Due Diligence - ACG uses its proprietary manager database and modeling program to assist in the search and selection of superior investment management firms. Providing ongoing due diligence by visiting existing firms is also important and part of our service.
  
  
• Customized Benchmarks - Our diagnostic software allows us to dissect common industry benchmarks in order to build a custom benchmark that is appropriate for our client's portfolio.
  
  
• Online Reporting Delivery System - Our clients can access their account data via our website at any time of the day or night. Each client is supplied with a user ID to provide a secure and confidential environment for portfolio review.