Debt Protection Products Addenda Development of verbiage and rates as well as other components so that lenders or financial institutions can incorporate protections into their loan agreements.

Debt Protection Products Design Consultation with lenders. We will assist the lender to determine what products to add to what loans and/or cards, what protections to offer, such as life, disability, involuntary unemployment, or family leave; what will be the  wholesale costs; whether to keep the risk or purchase a contractual liability policy; how to administer the program; and what other design elements to address.

Debt Protection Products Pricing for the lender's costs (expected activations, administration fees, etc.) and other guidance to price the products.

Actuarial Opinions for insurance and reinsurance companies to comply with state insurance department annual filing requirements.

Financial Valuations for Business Acquisitions for insurance companies seeking to sell either the company or a particular block of business. Value is based on unearned premiums, expected claims, and other critical factors.

Producer Owned Reinsurance assistance with formations, accounting, tax return preparation, and other services for reinsurance companies formed by the lender, auto dealer, or other lender who is generating the insurance through its loans. The direct writing insurance company passes the risk to the reinsurance company.

Risk Management Analysis for Vehicle Service Contracts (VSC). Our primary involvement regarding VSC risks is managing and analyzing the risk transfer transactions among VSC administrators, administrator obligors, CLIP insurers, dealer affiliated reinsurance companies, and non-controlled foreign corporation reinsurers.

Expert Witness Testimony on standard industry practice in lawsuits, normally testifying for the insurance company (defendant) in either an individual complaint or class action. Gary is occasionally involved in testifying in reinsurance contract legal disputes between insurance companies.

Policy Form and Rate Filing for Credit Insurance and Debt Protection Products for insurance companies for from one to 50 states. Pricing can be fixed per state or fixed per project, or can be one price for the initial filing and hourly for state objections and responses to them.

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