ACTUARIAL F & I
GPW provides actuarial services for many of the top insurance companies, Risk Retention Groups (RRGs), and administrators/obligors in the F&I industry.
Actuarial services for the F&I industry include, but are not limited to, the following:
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Projection of Future Liabilities for Losses and Refunds on both Nominal and Discounted basis
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Analysis of Liability associated with Producer Owned Reinsurance Companies (PORCs)
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Projection of the Credit Risk associated with Contractual Liability and Aggregate Excess of Loss Policies
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Long Duration Contract Unearned Premium Reserve Testing
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Statements of Actuarial Opinion and Actuarial Opinion Summary
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Schedule P Assistance
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Product Development and Pricing
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Earnings Curve Development
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Feasibility Studies and Pro Forma Support
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Merger and Acquisition Support
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Rate Filing Support
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Liability Duration Calculation
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Profitability Monitoring and Benchmarking
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Cost Driver Analysis
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Audit and Regulatory Examination Support
GPW specializes in F&I products such as:
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Extended Services Contracts and Manufacturer’s Warranties for Vehicles, RVs, Boats, Motorcycles, Appliances, and Electronics
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Guaranteed Asset Protection (GAP)
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Tire and Wheel
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Protection Products such as Wear and Tear, Etch, Theft, Windshield, Paint, and Dent