Perr&Knight

Perr&Knight is a leading insurance consulting and software solutions provider, specializing in the property & casualty and life, accident & health industries. Established in 1994, the company offers a comprehensive suite of services designed to enhance operational efficiency, ensure regulatory compliance, and foster innovation within the insurance sector.

Services Offered

• Actuarial Consulting: Perr&Knight provides expert actuarial services, assisting clients in risk assessment, pricing strategies, and financial projections to support informed decision-making.
• Predictive Analytics: Leveraging advanced data analytics, the company delivers insights that enable insurers to anticipate market trends, optimize pricing models, and improve customer retention strategies.
• Risk Strategies & Solutions: This service focuses on transforming innovative insurance concepts into viable, profitable products, guiding clients through the complexities of product development and market introduction.
• Insurance Product Development: Perr&Knight collaborates with clients to design and develop customized insurance products tailored to meet the specific needs of target markets, driving profitability and competitiveness.
• Operations & Technology Consulting: The company offers strategic guidance on technology planning and implementation, helping insurers gain a competitive edge through efficient operational processes.
• Statistical Reporting & Data Services: Ensuring accuracy and timeliness, Perr&Knight manages mandated reporting requirements and provides reliable data management tools.
• Insurance Licensing: With end-to-end company and producer licensing services, the firm helps clients maintain current licenses and avoid costly penalties.
• State Filings: Perr&Knight streamlines the state filings process, allowing clients to focus on strategic initiatives by handling the complexities of regulatory submissions.
• Bureau Monitoring & Maintenance: Utilizing their StateFilings.com platform, the company tracks relevant bureau circulars and assists clients in staying abreast of regulatory changes.
• Regulatory Compliance: Ensuring compliance at every stage of product development and filing, Perr&Knight offers deep expertise and a commitment to accuracy.
• Compliance & Operational Assessments/Training: The firm partners with clients to identify and rectify operational gaps, ensuring regulatory standing and adapting to evolving regulations.

Software Solutions

• StateFilings.com: A leading cloud-based state filings management solution, this platform enables insurers to manage and monitor all state filings from a single, user-friendly dashboard, featuring two-way communication with state departments of insurance.
• Statistical Reporting Manager: This software accelerates filings and reduces reliance on manual processes, ensuring accurate, on-time reporting through rapid data aggregation.
• Bureau Monitor: As the industry’s only multi-bureau comprehensive monitoring and adoption solution, it helps insurers stay informed about regulatory changes across multiple bureaus.

Locations

Perr&Knight operates in several key locations across the United States, including:

• Santa Monica, CA: The company's headquarters are situated in Santa Monica, California.
• Boca Raton, FL: An office located in Boca Raton, Florida.
• Cincinnati, OH: An office located in Cincinnati, Ohio.
• New York Metropolitan Area: An office serving the New York metropolitan area.

Company Size and Recognition

With a team of over 150 insurance professionals, including more than 30 credentialed actuaries, Perr&Knight is among the largest independent actuarial and insurance consulting firms in the United States.

In 2024, Perr&Knight earned the Great Place to Work Certification™ for the fourth consecutive year, with 86% of employees affirming it as a great workplace.

Milestones

Celebrating its 30th anniversary in 2024, Perr&Knight continues to drive innovation and excellence in the insurance consulting and software solutions industry.