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:

• Projection of Future Liabilities for Losses and Refunds on both Nominal and Discounted basis
• Analysis of Liability associated with Producer Owned Reinsurance Companies (PORCs)
• Projection of the Credit Risk associated with Contractual Liability and Aggregate Excess of Loss Policies
• Long Duration Contract Unearned Premium Reserve Testing
• Statements of Actuarial Opinion and Actuarial Opinion Summary
• Schedule P Assistance
• Product Development and Pricing
• Earnings Curve Development
• Feasibility Studies and Pro Forma Support
• Merger and Acquisition Support
• Expert Testimony
• Rate Filing Support
• Liability Duration Calculation
• Profitability Monitoring and Benchmarking
• Cost Driver Analysis
• Audit and Regulatory Examination Support

GPW specializes in F&I products such as:

• Extended Services Contracts and Manufacturer’s Warranties for Vehicles, RVs, Boats, Motorcycles, Appliances and Electronics
• Guaranteed Asset Protection (GAP)
• Tire and Wheel
• Protection Products such as Wear and Tear, Etch, Theft, Windshield, Paint, and Dent