Cuanto Consulting is an independent firm that provides actuarial, risk, and analytical advising.
Expert In:
-Property & Casualty Actuarial Consulting
-Personal Lines (Homeowners and Auto) Ratemaking and Product Development
-Rate Reviews/Regulatory Filings
-California and Florida
-Competitive Intelligence/Market Analysis
-Predictive Analytics/Pricing Strategy
-Catastrophe Risk: Wildfire, Earthquake, Hurricane
-Research Reports/Analytical White Papers
Cody Webb, FCAS, CPCU
Founder and Actuarial Consultant
At Cuanto Consulting, I serve as a trusted advisor to clients and offer a full suite of P&C actuarial services. I don't overwhelm my clients with convoluted jargon. I believe that to understand something deeply requires the ability to explain it simply. I work hard for clients, but I also listen closely so I can tailor work to their specific needs. I'll bring clarity and fun to your most demanding analytical problems.
Areas of Expertise
Personal Lines Pricing
Catastrophe Risk
Data Analytics
I've spent years focused on homeowners and personal auto markets, strategies, and regulations.
My expertise is in wildfire and hurricane, but I'm comfortable with other perils and models like flood, thunderstorm, and lightning.
Experienced with multivariate statistical techniques, I can create credible models and tools that seamlessly integrate with business processes.
Services
Rate Reviews and Regulatory Filings
Analysis can address rate level, class factors, or both. I'll help select proposals, prepare for filing submission, answer objections, and support implementation.
Tool Development and Technical Design
I'll design technical analytic tools to and provide training for analysis to be performed in-house.
Temporary Staffing and Actuarial Training
I can lend your team a hand to get the job done, assist with staff training, or conduct ongoing quality reviews.
Competitive Intelligence and Market Analysis
I am an expert in competitive analysis and can help determine market rates, changes, and advise how to respond.
Predictive Analytics and Pricing Strategy
I can assist with sharpening analytic sophistication through predictive models to measure loss costs, elasticity, retention, or conversion.
White Papers and Articles
I can help assess and communicate complex technical subjects to external audiences, using my experience with expert testimony, public policy, and legislative analysis.
Background
I am an experienced actuary and insurance specialist. I am a Fellow of the Casualty Actuarial Society (FCAS) and Chartered Property Casualty Underwriter (CPCU). I specialize in pricing homeowners and auto insurance, property catastrophe research, predictive analytics, and the intersection of insurance with public policy. I have authored research reports for groups such as the Society of Actuaries, the Casualty Actuarial Society, and the American Property Casualty Insurance Association on wildfire risk mitigation, the effect of hurricanes on health outcomes, climate change, pending legislation, and catastrophe litigation. In 2022, I founded Cuanto Consulting. Prior to this, I worked as a pricing and research actuary at AAA Insurance and a Principal and Consulting Actuary at Milliman, Inc.
Experience
2015-2022
Project Manager
Principal and Consulting Actuary
Milliman, Inc.
San Francisco, California
Lead actuary for a multitude of clients and assignments. Managed project teams and analysts, holding primary responsibility for execution on project budgets and timelines. Led many efforts in marketing and client acquisition.
Worked with actuaries across the globe. Became familiar with a diverse assortment of lines of business and business contexts – existing insurers, startups, expert witness reports, industry trade associations, and catastrophe modelers.
Developed particular expertise in homeowners’ line of business, especially with regard to catastrophe exposure, as well as the intersection of this type of insurance with public policy. Authored many public research reports and articles. Became a regular speaker at industry seminars, especially those hosted by the Casualty Actuarial Society.
2009 - 2015
Actuarial Analyst
CSAA Insurance Group
Walnut Creek, California
Held a variety of highly technical roles with major projects in personal lines pricing, homeowners and auto lines of business, predictive modeling, elasticity analysis, price optimization, lifetime value analysis, accounting expense allocation, enterprise risk management, and rate of return analysis. Worked on cross-functional teams with product managers, underwriters, finance managers, and marketing professionals.
Credentials
Fellow of the Casualty Actuarial Society (FCAS)
Chartered Property Casualty Underwriter (CPCU)
Education
University of Colorado at Boulder
BS, Economics
BS, Psychology
References
Portfolio
Publications
2019: Surplus Line Association of California Research Report
California Difference in Conditions/Standalone Earthquake Insurance: Evaluation of Reasonable and Adequate Market
https://www.wsia.org/docs/PDF/FINAL_Milliman_Report.pdf
2020: Casualty Actuarial Society online course
Wildfires and the Competitive Marketplace
https://www.pathlms.com/cas/courses/16005
2020: Society of Actuaries research report
Residential Flood Risk in the United States
https://www.soa.org/resources/research-reports/2020/soa-flood-report/
2022: Society of Actuaries research report
Health and Hurricanes, Studying Disparate Health Impact of Extreme Climate Events, 2017-2020
https://www.soa.org/resources/research-reports/2022/health-hurricanes-impact/
2022: Casualty Actuarial Society research report
Catastrophe Models for Wildfire Mitigation: Quantifying Credits and Benefits to Homeowners and Communities
Articles
2018: Milliman Article
The California Wildfire Conundrum
https://www.milliman.com/en/insight/the-california-wildfire-conundrum
2018: Milliman Article
How Does Volcano Risk Differ from Other Natural Disasters?
https://www.milliman.com/en/insight/how-does-volcano-risk-differ-from-other-natural-disasters
2019: Milliman Article
The Ridgecrest Earthquake: Will recent Quakes Shake Up the California Insurance Market?
2019: Milliman Article
Wildfire catastrophe models could spark the changes California Needs
2020: Milliman Article
Trial by wildfire: Will Efforts to Fix Home Insurance in California Stand the Test of Time?
Presentations
2017: Casualty Actuarial Society Annual Meeting
Modeling Hidden Costs of Infectious Diseases
https://www.casact.org/sites/default/files/2022-01/17_Annual_Onsite.pdf
2017: Casualty Actuarial Society Underwriting Collaboration Seminar
Geographic Data for Property Insurance: Location Based Analysis for Pricing and Underwriting
https://www.casact.org/event/2017-underwriting-collaboration-seminar
2017: Casualty Actuarial Society Spring Meeting
Competitive Analysis: Know the Data, Know the Market
https://www.casact.org/sites/default/files/2021-02/education_rpm_2017_17_rpm_onsite.pdf
2019: Casualty Actuarial Society Spring Meeting
Wildfires: What Can we Do to Stop Them?
https://www.pathlms.com/cas/events/1518
2019: Casualty Actuarial Society Ratemaking and Product Management Seminar
Don’t put all your AALs in One Basket - Risk Concentration Pricing for Primary Insurers
https://www.casact.org/sites/default/files/presentation/rpm_2019_presentations_r-1_gomez.pdf
2019: Casualty Actuarial Society Seminar on Reinsurance
The Roof is on Fire: Wildfire Modeling and Insurability in the CA Insurance Marketplace
https://www.casact.org/sites/default/files/presentation/reinsure_2019_presentations_c-26_webb.pdf
2020: Casualty Actuarial Society Ratemaking and Product Management Seminar
Don’t Put All Your AALs in One Basket: Event Level Data and Pricing Catastrophic Concentration of Risk
https://cas2020rpmiframe.azurewebsites.net/SessionDetail.aspx?id=634111
2020: Casualty Actuarial Society Annual Meeting
Climate Change and Risk Management - Extending the Time Horizon
https://cas2020annual.azurewebsites.net/SessionDetail.aspx?id=724051
2021: Society of Actuaries IMPACT Conference
Health and Hurricanes, Studying Disparate Health Impact of Extreme Climate Events, 2017-2020
https://www.soa.org/prof-dev/events/2021-virtual-impact-conference/#tab-agenda-selected
2021: Casualty Actuarial Society Trunk Show
Climate Change and Risk Management - Extending the Time Horizon
https://www.casact.org/event/2021-cas-virtual-trunk-show
Podcast Appearances
2020: Society of Actuaries Podcast
Residential Flood Risk in the United States
https://www.soa.org/resources/research-reports/2020/soa-flood-report/
2021: Milliman Podcast
Understanding the Impact of Flooding on Mortgage Risk
https://us.milliman.com/en/insight/understanding-the-impact-of-flooding-on-mortgage-risk
2021: Society of Actuaries Podcast
Health and Hurricanes, Studying Disparate Health Impact of Climate Events
https://researchinsights.libsyn.com/disparate-health-impact-of-extreme-climate-events