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Bloomington, Ill. – Pinnacle Actuarial Resources, Inc. (Pinnacle) has announced that it has acquired Bermuda-based Ordinance Holdings Limited (Ordinance) and the renewal rights for clients of Canadian firm Grape Bay Actuarial Consulting Inc. (Grape Bay), effective June 30, 2026.

Ordinance, located in Hamilton, Bermuda, provides actuarial consulting services to insurance, reinsurance, captive insurance and segregated accounts companies. Grape Bay is an actuarial consulting firm that serves insurance, reinsurance and captive insurance companies, professional associations and other businesses in Canada.

The president of Ordinance and Grape Bay, Julie Perron, will work with Pinnacle as an independent contractor. She will continue to serve former Ordinance and Grape Bay clients and will remain based in Canada. Grape Bay clients will become part of Pinnacle’s subsidiary, Pinnacle Actuarial Resources of Canada.

“Pinnacle is pleased to announce this key strategic acquisition, and we look forward to working with Julie,” Managing Principal Roosevelt Mosley said. “This acquisition of Ordinance and clients of Grape Bay will increase Pinnacle’s international presence and enhance the services we provide our clients in Bermuda and Canada. It will also expand and deepen the expertise, market knowledge, capabilities and scale of service for clients of Ordinance and Grape Bay.”

Perron has more than 25 years of experience as an actuary, with extensive expertise in captive insurance, loss reserving, pricing and structuring of reinsurance programs. She is a Fellow of the Canadian Institutes of Actuaries (FCIA), Fellow of the Casualty Actuarial Society (FCAS) and Member of the American Academy of Actuaries (MAAA).

“Julie will bring a wealth of international knowledge and experience to our firm. We’re looking forward to bringing her expertise, knowledge and skills to bear on behalf of our clients in all markets we serve,” Mosley said.

Pinnacle already has a substantial presence in the Bermuda insurance market, including a leading position as an actuarial advisor to numerous captive insurance companies within the domicile. Pinnacle also recently announced the formation of Pinnacle Actuarial Resources of Canada to coordinate the firm’s strategy in that market.

“The global property and casualty insurance industry continues to grow, and this acquisition will strengthen Pinnacle’s position for captive insurance, traditional insurance and reinsurance in two key regions,” Pinnacle Principal and Consulting Actuary Robert Walling said. “It is an exciting acquisition that increases our firm’s international footprint and positions Pinnacle to continue to deliver best-in-class consulting services and actuarial expertise throughout Bermuda and Canada,” Walling, a leader for Pinnacle in the Bermuda market, said.

Pinnacle is an independent, full-service actuarial firm focused on the property/casualty insurance industry. With a home office in Bloomington, Ill., the firm also has offices in Atlanta, Chicago and San Francisco. Pinnacle is owned by its professional staff and ranks among the largest independent property/casualty actuarial firms in the United States. To learn about Pinnacle’s Commitment Beyond Numbers, please visit: www.pinnacleactuaries.com.