Michael Solomon, FCAS, CERA, MAAA - Principal at The Actuarial Practice of Oliver Wyman

Michael Solomon, FCAS, CERA, MAAA – Principal at The Actuarial Practice of Oliver Wyman

Experienced Consulting Actuary: FCAS, MAAA, CERA. 1st Prize, Society of Actuaries/ Casualty Actuarial Society Joint Risk Management Section Call for Essays on Cybersecurity. 1st Prize, Professionally Speaking Toastmasters public speaking competition. Member, CAS Speaker Bureau (<1% US Actuaries invited). Provides actuarial services across all Property and Casualty lines and specializes in Self-Insureds, Expert Witness Testimony and Cyber Security.

Conduct reserving studies and write opinions for “off-shore” clients, including Bermuda and the Cayman Islands.

Testify as Expert Witness in United States Tax Court concerning the reasonableness of premiums for captives, including “831(b) captives”.

File Rate and Product filings for clients and liaison with state regulators.

Conduct Funding and Collateral Analyses for Self-insured and High Deductible Workers Compensation

Use stochastic reserving techniques to complete Bermuda Monetary Authority’s Economic Balance Sheet

Provide Actuarial Services to over 25 municipal self-insured pools, including the largest municipal reinsurance pool in the U.S. Lines include Property, WC, Liability and Specialty Lines.

Evaluate effects of Statutory changes, especially in Workers Compensation.

Provide Actuarial Services to Captives, RIETS, RRGs etc. including feasibility studies.

Conduct independent reviews of opining actuary’s work for auditors, specializing in CA WC and FL Property

Latest reviews by Michael Solomon
Cyber Insurance and Cyber Risk: Adding Value & Opportunities for Insurers" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Cyber Insurance and Cyber Risk: Adding Value & Opportunity for Insurers">
Cyber Insurance and Cyber Risk: Adding Value & Opportunity for Insurers
Cyber risk is a major driver of operational risk and that businesses and individuals are looking to the insurance industry to provide coverage for the cyber risks they face