Merlinos & Associates has a long history of providing warranty, service contract, and credit product related consulting work to its insurance regulatory, insurance company, and vehicle manufacturing clients. For more than 20 years, we have consulted to insurance regulators from both a pricing (collateral protection, mortgage fire, credit) and insurer solvency (warranty, service contract, contract liability) perspective. Our regulatory pricing work has involved review of overall industry pricing levels for particular states, as well as review of individual company rate filings and rate structures. The solvency work includes financial examination of unearned premium and claim reserves of insurance carriers as well as target examinations of troubled insurance companies.
Developed Credit Life insurance product.
Reviewed state regulations for maximum rates in each jurisdiction and worked with company on development of rates.
Analyzed warranty products and filing products with regulators.
Reviewed company experience for warranty coverage and reviewed earnings patterns and emergence of claims over contract terms.
Developed models to process refunds on cancelled contracts and reposed vehicle.
Analyzed data and refund methods for credit life, accident health, and vehicle warranty & service contracts.
Reviewed state regulations for refund methods on each product.
Reviewed contract specific data in development of the models.