Actuarial & consulting services


At illumifin, we are committed to fostering education and providing value-added services to our clients throughout the actuarial and consulting process. We provide traditional actuarial consulting services in the areas of product pricing, financial reporting, due diligence, business valuation, experience analysis and product re-rating, relying on data to drive decision-making in every project we take on. Our actuaries also are relied upon to serve as data and analytics liaisons for our third-party administration clients.

Comprehensive actuarial consulting services


Our experience and perspective helps you assess and manage your potential risk.

Rate increase support

Our services include full plan development, preparing filings, justification through the filing process, and implementation oversight.

Assumption development & review

Developing assumptions and benchmarking them against the market helps measure the performance of your LTC portfolio.

LTC projections and model conversion

Developing and maintaining financial projection models helps monitor your LTC block of business and maintain stability.

Mergers and acquisitions

We can assess financial risks and identify non-financial risks in LTC mergers and acquisitions from either the buyer or seller side.

Financial reporting

Get periodic stat, tax, or GAAP valuation support for financial reporting, including annual form filings.

Staff augmentation and training

We offer our breadth of expertise to assist from an advisory to operational level in all categories.

Experience where it matters most

Our management team is made up of recognized actuarial experts who have strong trusted relationships with regulators. Their expertise makes them frequent, sought-after speakers at industry events.

Our highly skilled actuaries come from a variety of backgrounds to bring unique problem-solving skills to each engagement. They provide our clients with valuable resources for actuarial projects, and many have 10+ years of experience in their fields.

Your best choice for actuarial consulting services


At illumifin, we take our deep industry experience to go beyond actuarial services to offer a wide range of insurance consulting services to help you solve your toughest industry challenges.

Data-driven approach

We leverage our industry-leading database of long-term care (LTC) insurance data to create the best customized solution for each project.

Transparent communication

At illumifin, we don’t hide behind black box explanations or methodology. We take a transparent approach to every engagement with our clients.

Deep industry experience

Our dedicated team’s knowledge goes beyond their actuarial technical skills to help educate and assist your teams with their biggest challenges.

Solid relationships

Of the 40+ clients actively engaged with our actuarial consulting services team, 10 have been with our team for over 10 years.

Feature spotlight


Building cash flows

We take an iterative approach to allow for synchronizing data, assumptions and model building for long-term success. First, we obtain detailed data, such as expense, commission and reinsurance information from claims payments and policy history. We then develop first principles assumptions and benchmark them against peer companies. Finally, we build our model using, our data and assumptions viewed from our experience-based perspective, allowing for granular and macro level validation and tracking.

Everything you need in insurance consulting services


Our deep industry experience allows us to offer a wide array of services to solve your most challenging insurance challenges.

Product development

We create products, both for self-funded plans and commercial insurance, that offer competitive, contemporary benefits to fit clients’ distribution channels and customer bases.

Compliance consulting

We offer a full array of product compliance services and can take your insurance products from the idea phase to Interstate Compact (IIPRC) and state insurance department approval.

Research and analysis

illumifin has a robust practice in research and public policy analysis, having helped several states and the federal government start “Own Your Future” campaigns.

Clinical audits

Our expert clinical teams conduct onsite claims and underwriting audits for clients, providing a comprehensive report of their findings to improve clients’ practices and standards.

Information technology

Our more than 200 dedicated IT specialists configure or customize our application and data platforms to meet the specific needs of each of our insurance clients.

Marketing and communication

We develop all the marketing materials necessary for an exciting launch and train producers, customer service and home office staff to meet the needs of their customers.

Get in touch


Want to learn more about how our actuarial and insurance consulting services can help your company?