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Professional Liability (E&O) Insurance for Actuarial ConsultantsActuarial consultants face significant exposure to professional liability, including the following*:  Failure to appropriately compile actuarial data Failure to appropriately reconcile actuarial data Failure to follow actuarial standards of practice Failure to use reasonable actuarial assumptions Failure to use reasonable actuarial methodologies Underfunded pension plans Actuarial projections used in mergers and acquisitions Failure to allow for reinsurance transfer of risk Failure to adequately document actuarial analysis and projections Excessive or inadequate actuarial rates Excessive or inadequate actuarial reserves* The coverage offered is subject to limitations and exclusions. Please refer to the actual insurance policy for details regarding coverage, exclusions, and limitations. CB Malaga Insurance Services LLC provides E&O insurance, also known as professional liability insurance, to actuarial consultants in the property & casualty, life, health, and pension fields. Call us at 1-877-245-5887 if you have any questions or wish to discuss your E&O insurance needs. We're looking forward to earning your business. |
