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