Tillinghast


Tillinghast was the world's largest actuarial practice focused on insurance and a unit of Towers Perrin specializing in risk management and actuarial consulting. The Tillinghast business of Towers Perrin provided consulting and software solutions to insurance and financial services companies and advised other organizations on risk financing and self-insurance.
In January 2010, Towers Perrin merged with Watson Wyatt Worldwide to form Towers Watson where Tillinghast became part of the risk management group.

Brief history

In 1986, Atlanta-based Tillinghast, Nelson & Warren Inc., then the nation's largest independent risk management consultant, merged with Towers, Perrin, Forster & Crosby, Inc. The company was restructured assigning Tillinghast's benefits practice to TPF & C and TPF & C's risk management practice to Tillinghast. The following year in 1987, the firm was rebranded under the name Towers Perrin. Today, Tillinghast is integrated into the company Willis Towers Watson.

Products and services

Mergers, acquisitions, and restructuring

Tillinghast advises clients on merger and acquisition transactions by planning and developing acquisition strategy, providing actuarial appraisals, and forecasting changes to shareholder value and reactions from rating agencies

Risk management services

Tillinghast provides risk management services including risk management process assessment and benchmarking, insurance marketing assistance and vendor selection, claims management effectiveness, risk management organizational effectiveness, risk management information system needs assessments, system selection and implementation support, workers' compensation cost management/integrated disability management, and enterprise risk management. Tillinghast's risk management services clients include 71 of the Fortune Global 500 companies.

Risk financing assistance

Tillinghast performs reviews on clients' risk financing programs to determine ideal coverage and present cost-efficient solutions, as well as assisting in implementing the programs. These services can be provided either as a one-time project or in an ongoing advisory capacity, on the entire risk financing programs, or on a single risk issue.

Captive insurance company consulting

Tillinghast offers specialized consulting to companies considering or operating captive insurance companies and other alternate risk vehicles including services such as feasibility studies, implementation assistance, and ongoing actuarial support and strategic planning. Tillinghast publishes a Captive Insurance Company Glossary and a monthly newsletter Captive Insurance Company Reports.

Actuarial analysis

Tillinghast is the leading global actuarial consulting firm and the largest consulting employer of qualified casualty actuaries. Actuarial consulting services include funding/pricing analysis, loss reserve and financial statement accruals, retention analysis, premium/cost-allocation models, product development, comparative cost benchmarking, and financial modeling.

Financial modeling software