SL Year 2020 in Review
Coral Gables, December 28, 2020 – SL FINANCIAL is an actuarial consulting and advisory firm based in Miami, Florida. We offer complete actuarial solutions in both traditional (re)insurance and alternative risk financing industries.
The year 2020 has been extraordinary challenging due to disruption from the Covid-19 pandemic. Navigating the stressed yet competitive marketplace, we focused on diversification of service offering within the existing client base:
- Market Presence – All in-person events were cancelled but our firm managed to participate at the virtual 2020 FHCF Participating Insurer Workshop.
- Innovation – Following months of shutdown across the globe, our firm managed to complete the developments and launch the emerging markets focused and technology-based analytical platform SL DRA in Q4 2020. We plan to onboard the first customers in Q1 2021.
- Diversification – Our firm consolidated its achievement in core practices. Here are examples of projects completed during the years 2020:
-- P/C Loss Reserve Opinions (3)
-- Captive Loss Reserve Specialist Opinions (2)
-- Life Actuarial Valuations (2)
-- Florida P/C Risk-Focused Actuarial Examinations (2)
-- Rent-an-Actuary Pricing Assistance for Bermuda Reinsurer (1)
-- Captive Feasibility Study for Emerging Market Insurance Group (1)
-- Florida Rate Filings (6)
- Education – Our firm has volunteered with the American Academy of Actuaries and the International Insurance Institute in Yaoundé, Cameroon.
Overall, SL FINANCIAL managed to increase its presence in Africa, Florida, and Bermuda while contributing to actuarial education and insurance innovation.
MEDIA CONTACT
Achille Sime
CEO
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