Seasoned Actuarial Team Ready to Support ARM’s Business Model

Austin, Texas, January 14, 2010 – Actuarial Risk Management, Ltd (“ARM”) welcomes EVP Advisors (“EVP”) to the ARM Network of actuaries and risk advisory professionals. The ARM business model gives the clients of ARM and the ARM Network access to an extensive pool of experienced actuaries and consultants, along with their combined service offerings, all through one source. ARM continues to look for synergistic partners to formalize similar arrangements all geared towards creating the next generation of actuarial and risk management consulting services.

This affiliation will further enhance the ARM support of property/casualty insurers and businesses with alternative risk mitigating solutions. The customers of both organizations will further benefit from this collaboration as they automatically gain access to the consulting, accounting and tax services of ARM’s alliance partner, BDO, the 5th largest global accounting and consulting firm.

Corwin Zass, the founder of Actuarial Risk Management, Ltd comments, "The first time I talked with Chuck I knew right away that his entrepreneurial philosophy would be a great addition to ARM’s Network of best in breed consultants. His creative thinking and exceptional professionalism resonate in every conversation. Chuck and his colleagues bring a wealth of experience in the casualty arena and will add to ARM’s support of casualty risk management services, which includes insurance audit assistance.”

Zass continues, “Organizations want advisory services where they can access creative solutions and subject-matter experts all at attractive fees. EVP Advisors’ addition to our network simply reinforces why ARM is the “next generation” actuarial and risk management consultancy.”

Charles (Chuck) Emma, Managing Principal of EVP Advisors, adds "We believe that this alliance offers the unique combination of breadth in terms of comprehensive services and depth in terms of technical expertise.  We are proud to be linked in with ARM as a means of responding to the many evolving needs of our industry.  This alliance allows us to take the entrepreneurial and creative ideas of the professionals in each firm a make them a reality for our clients."

Ricardo Verges, Managing Principal of EVP Advisors, further adds, "By joining the ARM Network we achieve many synergies and now have access to further resources, both services and solutions. This solid working relationship benefits both organizations and is one that we are truly excited about.  It is a partnership that has been forged over time through providing real value to our clients."

About EVP Advisors
EVP Advisors Inc. is an independent property and casualty insurance advisory firm.  It was created in 2009 as spin-offs of the insurance operations of Navigant Consulting, Inc. and the property and casualty actuarial operations of SMART Business Advisory and Consulting, LLC.  EVP advises insurance and reinsurance companies and their boards, captives, self-insureds, MGAs, regulatory authorities, accounting firms, and law firms on actuarial, strategic, operational and litigation matters. 

EVP provides its clients with an array of services including reserving, IBNR allocation, commutation, audit support, strategic planning, financial modeling and reporting, reinsurance and collateral negotiation, product pricing, predictive modeling, profitability studies, self-insured and captive funding reviews, and expert witness, litigation and arbitration support. Additionally, EVP has a devoted team to help insurance organizations with enterprise risk management, particularly in dealing with regulators and ratings agencies.  For more information about EVP, please visit our website at http://www.evpadvisors.com/.

About Actuarial Risk Management
The emerging global provider of actuarial, employee benefit, and risk management services, Actuarial Risk Management (ARM), leads the way in developing the next generation of expert risk mitigation solutions. More than cost effective, ARM’s services and customized programs deliver on-target results for any business with risk exposure. ARM is an independent U.S. alliance member of the global organization, BDO. For more information, visit http://www.actrisk.com/ or email to info@actrisk.com