We are a boutique property & casualty actuarial and insurance consulting firm formed from the January 2021 merger between The Actuarial Advantage (TAA) and Financial Risk Analysts (FRA). Our goal is to provide high-quality actuarial consulting services to our clients at great value with exceptional service.  Our clients include insurance carriers, captive insurance companies, self-insureds, and many others located across the country and offshore.  We serve clients across numerous industry sectors.

The “Advantages” of working with TAA include:

1. Value – We produce the quality of work expected from a large organization as each of our people has experience with a large actuarial firm.

2. Flexibility – We are more nimble than a large organization, which allows us to approve and complete your engagement in a more timely and efficient manner.

3. Commitment – Each of our clients is important to us, there are no “small clients”, we know each of our clients and are motivated to answer their business questions promptly.

4. Independence – We are a 3rd party actuarial firm, which means our advice is unbiased, objective, and provided with our clients’ best interests in mind.

5. Clarity – We take pride in our ability to communicate complex actuarial and risk management concepts clearly and concisely.

6. Enthusiasm – We are an enthusiastic bunch – we love what we do!

TAA is the result of a January 2021 Merger between TAA and FRA; these were separate companies with compatible business models and values.

The Actuarial Advantage, Inc. (TAA) was founded in 2001 by Dennis Henry & Eric Bause with a goal of providing high quality actuarial consulting services. In the beginning, TAA worked primarily with government risk pools, but the firm grew over the years to include six professionals and to service additional segments.

Financial Risk Analysts, LLP (FRA) was founded in 1993 by Mark Sobel, FCAS, MAAA.

Mark was an athlete and pilot. He said “Taking on risk without actuarial input isn’t like jumping out of a plane without a parachute. It’s like jumping without understanding how the parachute works.”

FRA was founded on a desire to help clients understand the types and amount of risk they were taking in order for them to make informed business decisions. FRA’s initial focus was the “alternative risk financing” market such as self-insurers, captive insurance companies, risk retention groups, and other non-standard risk financing programs.  Over the years, FRA’s focus expanded to include traditional insurance companies and reinsurers.

The merged firm serves various types of clients across numerous industries.