AMI RISK CONSULTANTS AMI RISK CONSULTANTS and the members of the team have extensive expertise and experience in performing loss reserve reviews and other risk management studies for government and non-government entities.
Our Consultants
Project Director Bob Ingco, FCAS, MAAA, FASP, FASHK, CPCU, ARM bobingco@amirisk.com
Mr. Bob Ingco has over thirty-five years of actuarial and risk management experience. His expertise is in estimating and analyzing loss reserves for government and non government entities. He has demonstrated working knowledge and understanding of self-insured programs. He has first hand experience in the evaluation and assessment of the reserving practices of governmental entities. He has audited the reserves of various municipalities. He has also performed insurance effectiveness and claims administrative reviews. He has extensive experience in self insurance reserves calculation for such lines of business as workers compensation, automobile liability, general liability, auto physical damage, property losses, etc.
Education and Professional Certifications B.S. Mathematics and Physics United States Naval Academy Annapolis, MD Fellow, Casualty Actuarial Society (FCAS)
Member, American Academy of Actuaries (MAAA)
Chartered Property Casualty Underwriter (CPCU)
Associate in Risk Management (ARM)
Member, South Florida Chapter of the CPCU
Professional and Business History
AMI Risk Consultants, Inc., Miami, Florida 1992 to Present: President and Consulting Actuary. Currently provides actuarial and risk management consulting services to self-insurance funds, insurance regulators, and captive insurance companies.
Price Waterhouse, Miami, Florida 1984-1992: Actuary and Director. For eight years, provided actuarial support and assistance regarding audits of and consulting services for insurance companies, Workers Compensation State Funds, HMOs, and other self-insurance funds.
Booke & Co. (McNeary Risk Management) Charlotte, NC 1981-1984: Vice President and Actuary. Performed rate filings, loss reserve reviews, and certifications. Developed medical malpractice insurance rates for several State Medical Association sponsored medical malpractice companies.
Fireman's Fund Insurance Co., San Francisco, CA 1978-1981: Associate Actuary. Developed Commercial and Personal Auto rates for the Company.
American International Group Insurance, New York, NY 1974-1978: Assistant Actuary.
North American Re, New York, NY 1972-1974: Actuarial Assistant.
Ms. Gail Flannery has worked extensively in property/ casualty insurance ratemaking and reserving for over twenty-nine years. Before joining AMI, she was Vice President and Actuary for American Bankers Insurance Group. She was responsible for the ratemaking and rate filing support for American Bankers products in various states. She also supervised statistical reporting for over ten years. She has demonstrated working knowledge and understanding of self-insured programs and compliance of GASB10 requirements.
Education and Professional Certifications
M.S. Statistics Florida State University Tallahassee, FL
B.A. Mathematics Hollins College Roanoke, VA
Fellow, Casualty Actuarial Society (FCAS)
Member, American Academy of Actuaries (MAAA)
Professional and Business History
AMI Risk Consultants, Inc., Miami, Florida 1997 to Present: Actuarial Consultant. Acts as Technical Manager for most of the current actuarial consulting work of AMI.
American Bankers Insurance Group, Miami, Florida 1992-1996: Vice President and Actuary. Responsible for 20 actuaries, actuarial students, and statistical reporting staff. Provided ratemaking and reserving support to American Bankers Insurance Company and six P&C subsidiaries (three Foreign). Rendered reserve opinions for nine companies. Prepared annual business plan.
1980-1991: Actuarial Analyst/Senior Actuarial Assistant/Assistant Actuary. Progressive responsibilities over the years including the following: rate reviews and rate filing support of specialty products, including Automobile Liability, Auto Warranty, Force-Placed Auto/ Antique, and Collectible Auto. Proposed rates and rating plans. Filed rates. Wrote system specifications to capture necessary data and to alter statistical calls to include product. Set quarterly reserves for all product lines. Wrote and maintained loss reserving software used from 1981-1995. 1978-1979: Project Team Member. Part of a four-member user team that tested Policy Management System (PMS) software. Designed statistical coding for 25 insurance products. Assisted with conversion of enforce policies and open claims to new system.
Manager and Assistant Actuary James Dasmariñas, ACAS james.dasmarinas@amirisk.com Mr. James Dasmariñas has 9 strong years of work experience in the insurance industry and is actively pursuing an actuarial designation sponsored by ASP and CAS. He has made use of his in-depth knowledge of programming languages (Fortran, Python, MatLab, and Visual Basic) to develop powerful macros for standardization of valuation templates. He has extensive knowledge in the health insurance field and has furthered his growth by engaging in the non-life industry’s standards of practice.
Education and Professional Certifications B.S. Applied Mathematics Major in Actuarial Science University of the Philippines Los Baños
Associate, Casualty Actuarial Society (ACAS)
Manager and Assistant Actuary Joeffrey Somera, ACAS jeff.somera@amirisk.com
Mr. Joeffrey Somera has been involved in actuarial studies including loss reserve reviews and premium studies for various US and Philippine clients. He is actively pursuing actuarial designation by the Actuarial Society of the Philippines and the Casualty Actuarial Society. Prior to joining AMI, he had worked for five years as a Geothermal Reservoir Engineer where he had demonstrated proficiency in various skills needed in an actuary: analytical (e.g. math, decision-making, problem-solving), technical (e.g. MS Office including Excel, programming using R and VBA), communication skills, and the commitment and ability in handling important projects.
Education and Professional Certifications
B.S. Chemical Engineering Magna Cum Laude University of the Philippines Diliman
Exam P (Probability) Exam FM (Financial Mathematics) Exam IFM (Investment and Financial Markets) Exam STAM (Short-Term Actuarial Mathematics) Exam MAS-I (Modern Actuarial Statistics I) Exam MAS-II (Modern Actuarial Statistics II) Exam 5 (Basic Techniques for Ratemaking and Estimating Claim Liabilities) Exam 6U (US Regulation and Financial Reporting)