derek-freihaut

Derek W. Freihaut

FCAS, MAAA
Principal and Consulting Actuary
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Expertise

Areas of Focus
Loss Reserving, Funding Studies, Loss Cost Projections, Captive Feasibility Studies, Risk Transfer Analysis, Personal and Commercial Lines Ratemaking

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Derek advises multiple self-insured, captive and insurance companies on various matters, including rate setting and financial reporting of unpaid claims liabilities. He works with accounting firms on internal audits of numerous insurance companies and assists audit firms, insurance companies and reinsurance companies with determining risk transfer in reinsurance contracts consistent with FASB 113 and SSAP 62.

Derek has served several government entities on matters relating to setting rates and estimating unpaid claims liabilities, as well as regulatory review of rate filings and financial examinations. He routinely presents to boards of directors and financial reporting executive committees.

He has considerable experience in assignments involving loss reserving, funding studies, loss cost projections, captive feasibility studies, risk distribution analyses and personal and commercial lines ratemaking.

Derek is also a co-developer of the expected adverse deviation (EAD) method of determining and quantifying risk transfer and served on the American Academy of Actuaries (AAA) Board of Directors.