This month’s highlights include some forward thinking by CEO Tim Perr, as well as several new blogs showcasing our actuarial expertise with tips for attracting a capacity partner and identifying opportunities in the growing collector auto movement.
Of course, we’ll also update you on some of our latest news, project wins, upcoming conference participation, new staff additions and more—please dive in below!
RECENT BLOG POSTS
How to Attract a Capacity Partner: Best Practices for Success
Securing a capacity partner is one of the most critical steps in launching or expanding an insurance program. In this blog, we’ll walk through the best practices to position your program for success, from market research and actuarial feasibility to distribution strategies and technology infrastructure.
Perr&Knight recently celebrated its 30-year anniversary, with co-founder Scott Knight writing an excellent blog reflecting on our journey and achievements over the first three decades. In this blog, CEO Tim Perr focuses on what's to come for Perr&Knight in the next three.
OPPORTUNITIES IN THE GROWING COLLECTOR AUTO MOVEMENT
Classic cars are unique properties for which coverage under a standard auto policy might be insufficient. Here are some insurance product development insights from the experts to keep in mind when writing new classic car programs or re-evaluating your existing programs.
Q1 2025 STATE FILINGS PULSE: MARYLAND DELAYS, CALIFORNIA BULLETIN 2024-7 & CRA UPDATE, AND APPROVAL TIMES BY STATE
Perr&Knight has published the Q1 2025 edition of State Filings Pulse, providing the latest insights into U.S. insurance regulatory activity. This edition highlights approval time trends, state-specific filing updates, and notable regulatory developments.
PERR&KNIGHT SUCCESSFULLY GUIDES ARKANSAS LEGISLATURE IN PASSAGE OF LANDMARK HOUSE BILL 1821
Perr&Knight announced that the Arkansas Legislature has taken a transformative step by passing House Bill (HB) 1821, establishing a state-owned captive insurance company that will consolidate property insurance for K-12 public schools, colleges, universities, and state-owned buildings.
Did you know that Perr&Knight's integrated approach combines actuarial, forms, and regulatory expertise under one roof, eliminating the communication gaps that typically occur when using separate vendors for different aspects of product development?
Did you know that Perr&Knight’s Actuarial and Product Design teams can assist with admitted and non-admitted programs, personal lines, commercial lines, travel, pet and supplemental health products?
Did you know that Perr&Knight's Product Design team includes former insurance department regulators who provide insider perspective on filing requirements, improving approval rates at the point of initial filing for new and updated products?
Did you know that tailored Product Design services can help program administrators and carriers create distinctive program offerings that differentiate them in the market?
Did you know that Perr&Knight's actuarial team can leverage their extensive experience and specialized models to develop rating plans efficiently, often helping carriers reduce their time-to-market and capitalize on emerging market opportunities?
Did you answer “No” to any of the above? If so, reach out to set up a conversation with our veteran product development team and learn more today!
We are proud to once again be a sponsor and exhibitor at our technology partner Duck Creek Technologies’ Formation 2025 Conference, taking place now through the 21st in Orlando, FL. With 700+ attendees, we’re looking forward to networking and discussing the latest P&C developments in insurance, spearheaded by Perr&Knight and Duck Creek.
Stop by our kiosk in the Launchpad, grab some quality swag and meet withMark Nawrath, Director, Business Development Data & Technology Consulting and Joe Allen, Senior Manager, Insurance Technology Consulting. Don’t fight the crowd and set up some individual time with Mark and Joe in advance!
Insurtech Insights USA
More than 5000 of the insurance industry’s leading executives, entrepreneurs and investors will be converging on New York City on June 4-5 for the InsurTech Insights USA Conference. Taking place at the Javits Center, Perr&Knight will be exhibiting and meeting with innovators large and small throughout the event.
Consulting Actuary Mike Covert; Director, Business Development Data & Technology Consulting Mark Nawrath; Director, Business Development Core Services Dean Ferdico; and Actuarial Consultant Kyle Firth will be at the booth and ready to discuss how our expertise and technology solutions can help solve your unique business challenges.
Before schedules fill up, reach out and set up some dedicated time with Mike, Mark, Dean or Kyle in advance!
Transform your insurance concept into a viable, profitable insurance product. Our experienced risk strategies and solutions specialists are here to help you during every step along the way.
Compliance & Operational Assessments / Training (“COAT”)
This guide will help you understand how to minimize or limit damages to property and casualty insurance entities with Perr&Knight's compliance & operational assessments/training (“COAT”) services.
We encourage independent thinking and creative problem-solving in a supportive environment where your skills can shine. Browse our list of open positions and submit your resume today.
For over 30 years, Perr&Knight has provided exemplary insurance consulting and software solutions to the property & casualty and life, accident & health industries. Services include actuarial consulting, risk strategies & solutions, applied AI consulting, product development, insurance policy and forms consulting, regulatory compliance, compliance and operational assessments/training, state filings, licensing, technology consulting, statistical reporting, data services, predictive analytics, and bureau monitoring & maintenance. Software includes StateFilings.com, the leading cloud-based state filings management solution. With offices nationwide and more than 150 insurance professionals, including 30+ credentialed actuaries, Perr&Knight is among the largest independent actuarial and insurance consulting firms in the United States.