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