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Rough Notes article features SIGMA, Lion Insurance,
and Enterprise Risk Management

Brentwood, TN, September 2008 -- SIGMA Actuarial Consulting Group and its client, Lion Insurance Company, are featured in the September 2008 edition of Rough Notes magazine. The article, “ERM: A Paradigm Shift” by Michael J. Moody, MBA, ARM, discusses how new standards published by rating agencies such as A.M. Best are boosting the impetus for insurers and reinsurers to adopt enterprise risk management practices.

In the article, Moody interviews SIGMA staff Michelle Bradley, consulting actuary, and Lloyd Kelley, director of strategic consulting. Both were principals on the project to assist Lion with developing an ERM program that meets Best’s ERM requirements.

The article is available online at

http://www.roughnotes.com/rnmagazine/2008/september08/09p212.htm

More about SIGMA’s ERM Expertise

Michelle Bradley, a former president of the Casualty Actuaries of the Southeast, is best known for her expertise in enterprise risk management. She has contributed to numerous works with that focus, including a project hailed as the "Deal of the Decade" by CFO Magazine (June 2000) and academic studies at Harvard and the University of South Carolina.

Contact Michelle at mb@sigmaactuary.com or 800-929-4052 x 204.

A thirty-year professional in property and casualty insurance brokerage management, Lloyd Kelley is well-known for his innovation and experience with captive and risk retention models. He directs SIGMA's consulting service, Risk Retention Model, for providing financial statement forecasts to risk-bearing entities such as captives, pools, trusts and small insurance companies.

Contact Lloyd at Lloyd@sigmaactuary.com or 800-929-4052 x 207.


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