Superior Fraternal Strategy for 25+ Years
Allen Bailey & Associates, Inc. (AB&A) has specialized in servicing the needs of small and medium-size fraternal societies since 1985. Trying to keep the existing field force happy while at the same time recruiting new producers is a challenge we have helped fraternals conquer. We have also worked with fraternal societies in the merger arena to guide them in their analysis of merging smaller fraternals that are similar in nature into their existing infrastructure. We have helped fraternals navigate through their domiciliary states’ insurance departments, in order to present to the departments business strategies ensuring minimal surplus drain combined with needed growth. We have assisted a number of fraternals enter entirely new markets that are beyond their existing administrative capabilities. We have successfully teamed them with partners in order to eliminate investment costs in developing new systems and hardware while at the same time achieving first-year statutory profits.
This is but a sampling of the kinds of issues we deal with daily at AB&A in helping our fraternal client base achieve success. Our expertise is further demonstrated by serving as Appointed Actuary to numerous fraternal benefit societies across the nation. In addition, our client satisfaction is evidenced by our long-term
relationships – some clients have been with AB&A for 15 – 20 or more years.
Servicing our client base is the most important aspect of our practice. As our clients will attest, we have a good track record in achieving dramatic results over a short period of time.
Services We Provide
- Appointed Actuary
- Illustration Actuary
- Product Development
- Statement Preparation
- Financial Reporting
- Ad Hoc Services