Optimizing the Total Cost of Risk
Daniel Linton, FCAS, MAAA
Senior Consulting Actuary, Pinnacle Actuarial Resources, Inc.
In this episode, we welcome Daniel Linton to discuss optimizing the total cost of risk. Daniel explains risk retention, where organizations assume part of their insurance risk, and the factors influencing this decision, such as financial strength, risk tolerance and market conditions. The episode also covers the implications of changing policy limits, challenges faced by public entities, and emerging trends in risk retention, offering valuable insights for effective risk management strategies.
*The views and opinions expressed in the Public Risk Management Association (PRIMA) blogs/podcasts are those of each respective author/speaker. The views and opinions do not necessarily reflect the official policy or position of PRIMA.*
Daniel Linton, FCAS, MAAA
Senior Consulting Actuary, Pinnacle Actuarial Resources, Inc.
Danny is a senior consulting actuary with Pinnacle Actuarial Resources working remotely from Nashville, TN. He has been in the property/casualty industry since 2005 and his work has been focused on loss reserving, loss forecasting, captive feasibility studies, capital modeling and cost allocation mechanisms. Specifically, his expertise involves analyses of self-insureds, public entity risk pools and captive insurance companies. He currently serves on the American Academy of Actuaries Workers' Compensation Committee and the Actuarial Standards Board Casualty Committee of the Casualty Actuarial Society.
