Nick has experience in assignments involving captive funding and feasibility studies, loss reserving, loss cost projections, and development of industry benchmarks.
He has worked with pricing and loss reserve analyses for captive insurers writing enterprise risk coverages and group captive insurers writing commercial multi‐peril, workers’ compensation, auto liability, general liability and auto physical damage coverage. He also assists in developing and updating industry benchmarks by analyzing industry databases.
Nick serves as project manager for a number of enterprise risk captives, as well as for multiple group captives, performing both interim and year-end reserve analyses, and yearly funding analyses.
In addition, Nick develops rate indications and loss cost multiplier projections for captive insurance companies, and works with insurance industry data to update and help develop benchmarks to be applied to reserve analyses.