Conference of Consulting Actuaries

Quantum Health Announces Results of New 2023 Healthcare Navigation Cost-Savings Impact Analysis

Retrieved on:

Thursday, November 2, 2023

Quantum Health , the leading consumer healthcare navigation and care coordination company, today announced the results from its most recent actuarial study measuring the cost-savings ROI for its entire client base using its navigation platform.

Key Points:

Quantum Health , the leading consumer healthcare navigation and care coordination company, today announced the results from its most recent actuarial study measuring the cost-savings ROI for its entire client base using its navigation platform.
“This new study from Quantum Health demonstrates that its consumer healthcare navigation platform delivers significant ROI and sustained year-over-year savings for employer-sponsored benefits programs.
Quantum Health has consistently demonstrated the ability to positively influence these factors along with enhancing members’ overall healthcare experience,” said Mr. Pudlowski.
Among the key findings, the data analysis shows are that companies using Quantum Health’s consumer healthcare navigation realized significant and sustained cost savings across all group sizes.

Thomas H. Lee Partners Appoints Former Willis Towers Watson CEO John Haley as an Executive Partner of Financial Technology & Services Investment Group

Retrieved on:

Tuesday, February 14, 2023

Thomas H. Lee Partners, L.P. (“THL”), a premier private equity firm investing in middle-market growth companies, today announced the appointment of former Willis Towers Watson CEO John Haley as an Executive Partner in the firm’s Financial Technology and Services investment group.

Key Points:

Thomas H. Lee Partners, L.P. (“THL”), a premier private equity firm investing in middle-market growth companies, today announced the appointment of former Willis Towers Watson CEO John Haley as an Executive Partner in the firm’s Financial Technology and Services investment group.
Prior to joining THL, Haley served as CEO and member of the board of directors of Willis Towers Watson, where he led the company through its IPO in 2000 and three mergers that helped triple its size.
Haley will support THL’s efforts in identifying, sourcing, and growing investment opportunities in the financial technology and services sector.
To date, THL’s Financial Technology and Services team has deployed $10.3 billion of fund and co-investment capital and partnered with 32 companies.

Buck Principal and Actuary David Scharf Named President-elect of the Conference of Consulting Actuaries

Retrieved on:

Wednesday, October 19, 2022

NEW YORK, Oct. 19, 2022 /PRNewswire/ -- Buck , an integrated HR, pensions, and benefits consulting, technology, and administration services firm, today announced that David Scharf, a principal in the Wealth practice at Buck, has been named President-elect of the Conference of Consulting Actuaries (CCA).

Key Points:

NEW YORK, Oct. 19, 2022 /PRNewswire/ -- Buck , an integrated HR, pensions, and benefits consulting, technology, and administration services firm, today announced that David Scharf, a principal in the Wealth practice at Buck, has been named President-elect of the Conference of Consulting Actuaries (CCA).
Scharf, an industry veteran with more than 30 years' experience advising clients on their employee benefits programs, is a Fellow of the Conference of Consulting Actuaries (FCA), an Enrolled Actuary (EA), and a Member of the American Academy of Actuaries (MAAA).
The CCA's mission is to provide quality education and facilitates networking among established and aspiring leaders in the actuarial consulting community.
The CCA is dedicated to supporting the professional needs and career success of consulting actuaries.

Hooker & Holcombe Builds on Consulting Expertise within Actuarial Services Group

Retrieved on:

Wednesday, July 6, 2022

BLOOMFIELD, Conn., July 6, 2022 /PRNewswire/ --Hooker & Holcombe, a regional leader in employer-based actuarial, investment advisory and retirement plan consulting, has announced that Robert P. Lessard, ASA, FCA, MAAA, has been promoted to Consulting Actuary within the Actuarial Services Group.

Key Points:

BLOOMFIELD, Conn., July 6, 2022 /PRNewswire/ --Hooker & Holcombe, a regional leader in employer-based actuarial, investment advisory and retirement plan consulting, has announced that Robert P. Lessard, ASA, FCA, MAAA, has been promoted to Consulting Actuary within the Actuarial Services Group.
Rob has been in the actuarial consulting industry for over 22 years and has an extensive background with both pension and post-retirement benefits plans.
Additionally, he has significant modeling and forecasting experience and has worked on non-standard actuarial projects, such as experience studies and early retirement windows.
Hooker & Holcombe, founded in 1956, is a leading regional provider of comprehensive and integrated actuarial, investment advisory and retirement plan consulting services.

National Institute on Retirement Security and Conference of Consulting Actuaries Announce Winners of New Innovative Public Pension Funding Strategies Award

Retrieved on:

Tuesday, March 1, 2022

WASHINGTON, March 1, 2022 /PRNewswire/ --The National Institute on Retirement Security ( NIRS ) and the Conference of Consulting Actuaries ( CCA ) today announce three submissions as winners of the new award competition: Innovative Public Pension Funding Strategies .

Key Points:

WASHINGTON, March 1, 2022 /PRNewswire/ --The National Institute on Retirement Security ( NIRS ) and the Conference of Consulting Actuaries ( CCA ) today announce three submissions as winners of the new award competition: Innovative Public Pension Funding Strategies .
NIRS and CCA announce winners of the 2022 Innovative Public Pension Funding Strategies Award.
"The winning submissions have provided innovative thinking around public pension funding strategies that can foster ideas for plans across the country.
Importantly, each submission was grounded in the principles set forth in the CCA public pension plan funding whitepaper ."

AMS Management Group Welcomes David Spiegler to Their Team

Retrieved on:

Thursday, February 17, 2022

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FORT LAUDERDALE, Fla., Feb. 17, 2022 /PRNewswire/ -- AMS Management Group (AMS) is pleased to welcome David Spiegler as its Chief Actuary.

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FORT LAUDERDALE, Fla., Feb. 17, 2022 /PRNewswire/ -- AMS Management Group (AMS) is pleased to welcome David Spiegler as its Chief Actuary.
Spiegler's impact will immediately benefit Applied Medico-Legal Solutions Risk Retention Group, Inc. (AMS RRG) as AMS is their exclusive program administrator.
In his role, Spiegler will drive actuarial analytics to assist AMS and AMS RRG in the execution of its strategic initiatives.
Since its inception, AMS Management Group has been the exclusive program administrator for AMS RRG.

Willis Towers Watson selects Carl Hess as President and Future CEO

Retrieved on:

Monday, August 16, 2021

Hess, who currently serves as Willis Towers Watsons Head of Investment, Risk and Reinsurance business segment, will immediately assume the president role and succeed John Haley, upon his retirement, as CEO on January 1, 2022.

Key Points:

Hess, who currently serves as Willis Towers Watsons Head of Investment, Risk and Reinsurance business segment, will immediately assume the president role and succeed John Haley, upon his retirement, as CEO on January 1, 2022.
Haley added, Carl has played a key role in the evolution and growth of Willis Towers Watson through his diverse leadership roles across our business segments and geographies.
Thanks to Johns leadership, Willis Towers Watson is well positioned to compete vigorously across our businesses around the world.
Prior to his current role, Hess served as co-leader of North America at Willis Towers Watson and before that, managing director, the Americas, of Towers Watson.

Actuaries Climate Index Down Slightly in Latest Five-Year Average

Retrieved on:

Tuesday, June 8, 2021

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The five-year moving average now sits at 1.22 relative to an average of zero during the 19611990 reference period.

Key Points:

The five-year moving average now sits at 1.22 relative to an average of zero during the 19611990 reference period.
"The five-year average declined because the latest seasonal measure of changes in weather extremes and sea level replaced an even higher seasonal value from the fall of 2015 that cycled out of the calculation of the average," says Doug Collins, chair of the Climate Index Working Group.
The Actuaries Climate Index is based on analysis of seasonal data from neutral, scientific sources for six index components collected since 1961.
The index, sponsored by the American Academy of Actuaries, the Canadian Institute of Actuaries, the Casualty Actuarial Society, and the Society of Actuaries, is designed to provide actuaries, public policymakers, and the general public with objective data about changes in the frequency of extreme climate conditions over recent decades.

AM Best to Participate in Panel Discussion at American Academy of Actuaries Annual Meeting

Retrieved on:

Tuesday, October 27, 2020

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AM Best Senior Industry Research Analyst George Hansen will take part in a panel discussion on the COVID-19 pandemic and its effect on the life insurance industry during American Academy of Actuaries' annual meeting next month.

Key Points:

AM Best Senior Industry Research Analyst George Hansen will take part in a panel discussion on the COVID-19 pandemic and its effect on the life insurance industry during American Academy of Actuaries' annual meeting next month.
The event will be held online and include public policy discussions; the panel discussion featuring Hansen will be held at Noon on Friday, Nov. 6.
He is a Fellow of the Society of Actuaries and a member of the American Academy of Actuaries.
For more information about the American Academy of Actuaries Annual Meeting and Public Policy forum, please visit the event website .

Data Update to the Actuaries Climate Index

Retrieved on:

Wednesday, August 26, 2020

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WASHINGTONandARLINGTON, Va. and SCHAUMBURG, Ill. and OTTAWA, ON, Aug. 26, 2020 /PRNewswire/ --A multiyear trend of increasing climate condition measurements from the United States and Canada continues, reaching a new high in winter 201920, the latest Actuaries Climate Index quarterly data release shows.

Key Points:

WASHINGTONandARLINGTON, Va. and SCHAUMBURG, Ill. and OTTAWA, ON, Aug. 26, 2020 /PRNewswire/ --A multiyear trend of increasing climate condition measurements from the United States and Canada continues, reaching a new high in winter 201920, the latest Actuaries Climate Index quarterly data release shows.
"While we should not expect the five-year average to always increase, if changes in climate indicators continue on their current course, the general trend in the Actuaries Climate Index is likely to be upward."
The Actuaries Climate Index is based on analysis of seasonal data from neutral, scientific sources for six index components collected since 1961.
The index, sponsored by the American Academy of Actuaries, the Canadian Institute of Actuaries, the Casualty Actuarial Society, and the Society of Actuaries, is designed to provide actuaries, public policymakers, and the general public with objective data about changes in the frequency of extreme climate conditions over recent decades.