Jeff White Joins Gross Consulting

Gross Consulting is excited to announce the continued expansion of our actuarial consulting staff with the addition of Jeff White.

Jeff brings his over 25 years of P&C insurance experience as an actuarial and data leader to help clients utilize the optimal data and technology to meet their analytical needs.

Prior to joining Gross Consulting, Jeff founded Sync Oasis LLC.  Sync Oasis LLC helps insurance enterprises build analytical data platforms, both on-premises and in the cloud.  An analytical data platform pulls data from various sources into a common data platform, where data is prepared once.  This single source of the truth, which is ready made for insurance data analytics, provides the following benefits:

  • Data is integrated and standardized as if it came from the same source
  • Data Quality is applied to clean the data
  • Data structure is flexible to accommodate easily new data sources or changing data sources
  • Data is merged / matched to provide Customer 360 views (upon request)
  • Data structure is organized around real physical entities, such as homes, cars, people, etc. (upon request)
  • Queries can pull attributes at a particular point in time or as they were when the transaction occurred
  • Query results can be repeated, even many months after the original query was run
  • Business logic is managed by the analytical users through table driven logic

Jeff brings these capabilities with him to Gross Consulting.

To learn more about Jeff’s experience and how he can help your company to succeed click here.

Sarah Krynski Joins Gross Consulting

Gross Consulting is excited to announce the addition of our newest Intern, Sarah Krynski!

Sarah Krynski joined Gross Consulting as an intern in May 2019. She is currently working towards her B.S. in Actuarial Science and B.A. in Mathematical Statistics at the University of St. Thomas and will graduate in May 2020.

Sarah is currently the V.P. of Member Relations of St. Thomas’s chapter of Gamma Iota Sigma, an international business fraternity that specializes in insurance, risk management, and actuarial science. Sarah has her primary focus in data analysis and software development for our Cognalysis suite of tools.

To learn more about Sarah’s experience and how she can help your company to succeed click here.

Tim Davis Joins Gross Consulting

Gross Consulting is excited to announce the addition of our newest Consultant, Tim Davis!

Tim has over 17 years of experience as an actuary and economist in the insurance industry.  He has enjoyed a broad range of experience in areas including crop, large accounts pricing, program business, and ceded reinsurance.  He has supplemented this experience with roles outside the insurance industry as an entrepreneur and business owner, as well as a financial advisor.

Before joining Gross Consulting, Tim was Vice President and Senior Actuary at Hudson Insurance Company, supporting their Crop Insurance line of business.  This role focused on fund allocation, reserving, and product development.  Prior to this role, he served as an economist with the USDA’s Risk Management Agency, supporting the 508(h) product submission, review, approval, and implementation procedure.

Tim has served as an actuary at The St. Paul Companies and Employers Reinsurance Corporation.

Tim earned his B.S. in Mathematics and Economics from Northwest Missouri State University.  He is a Fellow of the Casualty Actuarial Society.

To learn more about Tim’s experience and how he can help your company to succeed click here.

Steve Lacke Joins Gross Consulting

Gross Consulting is excited to announce the addition of our newest Senior Consultant, Steve Lacke.

Mr. Lacke has over 28 years of experience as an actuary and insurance executive, particularly in the professional liability area of practice (Medical Professional, E&O, D&O, and EPL.) Most recently, Steve founded Birchwood Consulting, leveraging his considerable medical professional liability expertise to bring creative actuarial consulting solutions to carriers in this space.

Steve spent eight years with Constellation, the parent company of three medical professional liability insurers, where he held multiple leadership positions, including Chief Actuary, CFO and Chief Operating Officer. Prior to this, Steve recorded a decade of service at Travelers/St. Paul Companies in actuarial roles including pricing, reserving, reinsurance, and strategy.

In his spare time, Mr. Lacke is the Chairman of the Board at True Friends Foundation, a nonprofit providing life-changing experiences that enhance independence and self-esteem for over 5,000 children and adults with disabilities annually.

Steve is a Fellow of the Casualty Actuarial Society (FCAS) and a Member of the American Academy of Actuaries (MAAA). He also holds an MBA from the Carlson School of Management at the University of Minnesota.

To learn more about Steve’s experience and how he can help your company to succeed click here.

Chris Gross Co-Authors Variance Journal Paper

Validation of minimum bias rate factors

Released in the December, 2018 issue of Variance Journal, Christopher Gross and Jonathan Evans co-authored a paper entitled Minimum Bias, Generalized Linear Models, and Credibility in the Context of Predictive Modeling.

Abstract: When predictive performance testing, rather than testing model assumptions, is used for validation, the need for detailed model specification is greatly reduced. Minimum bias models trade some degree of statistical independence in data points in exchange for statistically much more tame distributions underlying individual data points. A combination of multiplicative minimum bias and credibility methods for predictively modeling losses (pure premiums, claim counts, average severity, etc.) based on explanatory risk characteristics is defined. Advantages of this model include grounding in long-standing and conceptually lucid methods with minimal assumptions. An empirical case study is presented with comparisons between multiplicative minimum bias and a typical generalized linear model (GLM). Comparison is also made with methods of incorporating credibility into a GLM.

Download the full study directly from Variance Journal here.

Bret Shroyer Joins Gross Consulting

Gross Consulting welcomes Bret Shroyer as our newest employee! Bret’s experience over more than two decades, and across a wide range of analytical, actuarial, and strategic roles in the insurance and reinsurance markets make him a perfect addition to the company. Bret’s background includes time with Valen Analytics, Willis Re, and Travelers.


To learn more about Bret’s background and how he can help your company to succeed click here.