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News & Announcements

F&I Office Protection Products Conference Dates Announced
This year's events inlcude the Fundamentals of Reinsurance Seminar, the Tax and Reinsurance Conference, and Vehicle-Related Protection Products Conference planned for November 9 - 11, 2010.

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DPP Conference
will host its 10th Debt Protection Products Conference May 11th and 12th, 2010.

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Debt Protection Products Book


Order One Today!


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  Gary Thomas Fagg, FSA, MAAA
President, Consulting Actuary

Phone: 817-788-8121 ext 222

Fax: 817-788-8123

 

Gary is a principal of . His career began as a consulting actuary and a lecturer at the actuarial consulting firm, Booke and Company. Following twelve years of association with The Credit Life Insurance Company of Springfield, Ohio, he formed in October 1990.

 

Major Areas of Expertise

 

Debt Protection Products and GAP

  • Presentation of educational seminars and workshops

  • Product crafting for each lending category and debtor market

  • Estimation of loss costs for selected protected events

  • Recommendations of reserving methodology

  • Review of financial loss experience

  • Studies of loss frequency and severity

  • OCC opinions on actuarial safety and soundness items

  • Placement of contractual liability policies

  • Assistance in program implementation

Credit-Related Life, Disability, and P&C Insurance Products

  • Product design and pricing for new products

  • Actuarial filing memoranda for all credit-related products

  • Reserving methods and analysis of claim reserves

  • Analysis of claim costs and profitability

  • Deviation procedures and statistical filings

  • Valuation of blocks of business; assumption reinsurance

  • Home office staff training

Producer-Owned Reinsurance

  • Evaluation of financial arrangements and bid proposals

  • Formation, operation, closing of reinsurers; tax issues

  • Reserve opinions

Litigation and Disputes

  • Expert testimony concerning industry practices and standards

  • Reinsurance arbitration and mediation of technical issues

  • Settlement calculations and fairness opinions

Rule 26 Resume

Teaching

Gary’s teaching experience spans five decades. He began as a lecturer with Booke and Company in the late 1960s and conducted seminars during his tenure at The Credit Life Insurance Company of Springfield, Ohio. While at , he has made hundreds of presentations; he continues to educate with annual seminars, small group discussions, and in-house presentations.
 

Education and Professional Designations

 

BA, Economics, University of North Carolina - Chapel Hill

Fellow, Society of Actuaries

Member, American Academy of Actuaries

 

 

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