Allan Kaufman

Allan Kaufman is a Managing Director at FTI Consulting and is based in New York. Mr. Kaufman is a member of the Insurance & Pension group in the Forensic & Litigation Consulting segment. Mr. Kaufman is an insurance professional and Fellow of the Casualty Actuarial Society with nearly 40 years of experience in executive and consulting roles in the US, Europe and Asia. His assignments have included expert testimony, capital modeling and adequacy, financial planning, risk assessment, regulatory issues, Solvency II, loss reserving, ratemaking and rating plans, merger and acquisition analyses, product development, and design of actuarial functions. Mr. Kaufman has prepared testimony for USA and English Courts and has testified in depositions and at Court.

Mr. Kaufman’s consulting clients have included multi-line primary and reinsurance companies, Lloyd’s syndicates, other London market reinsurers, and specialty companies in areas including workers comp, medical malpractice, professional liability, health, title and warranty insurance.

Mr. Kaufman has prepared depositions and provided testimony and expert opinions and reports before arbitration and regulatory forums, and US and UK courts in a variety of matters, including professional liability; reinsurance disputes; insurer litigation; rating plans; financial conditions; and tort reform.

Mr. Kaufman has been involved in leading roles in Solvency II development, including as a member of Institute of Actuaries Solvency II working parties; providing comments to CEIOPS regarding Solvency II issues on Group regulation and technical provisions; authoring/co-authoring several major papers illuminating risk issues and guiding Solvency II model development; reviewing Quantitative Impact Studies prepared by companies in response and individual country regulators; and, while CAS Vice President Research and as President Elect, leading the US actuarial profession society research on developing DFA models.

Mr. Kaufman has been the practice leader for the actuarial practices of a major actuarial consulting firm and a big-four firm in the US and Europe and other jurisdictions. He has served as Board Chairman and President of the Casualty Actuarial Society; as a Director and President of the American Academy of Actuaries; as a Member of the General Insurance Practice Executive Committee of the Institute of Actuaries; as Chairman of the Audit Committee and Member of the Education Committee of the International Actuarial Association; and on various Advisory Committees of the NAIC. He holds the designation Certified Property/Casualty Underwriter and has held a Lloyd’s Reserve Practicing Certificate.

Mr. Kaufman has published papers on US risk-based capital, capital management, loss reserving, liability measurement, Solvency II, and other insurance related subjects. He has held various board, executive, and committee positions with the Casualty Actuarial Society, the American Academy of Actuaries, the International Actuarial Association, and the Institute of Actuaries (UK).

Mr. Kaufman has held various positions, including Independent Consultant, Audit Committee Chairman of Lloyd’s subsidiary, Actuarial Practice Leader at big four consulting firm, National Casualty Director and Board Member of international consulting firm, Principal of big four consulting firm, and Actuary and Assistant Secretary at national insurance company.