People Moves: ARM Adds Ingram, Rudolph as Senior ERM Consulting Actuaries; USG Promotes Capo

Actuarial Risk Management Adds David Ingram and Max Rudolph as Senior Expertise Risk Management Consulting Actuaries

Texas-based Actuarial Risk Management Ltd. has added David Ingram and Max Rudolph as senior expertise risk management consulting actuaries to lead the company’s new Strategies and Risk Solutions for Executives initiative. Collectively bringing over 80 years of ERM expertise, Ingram and Rudolph will be instrumental in launching ARM’s new offering, which will include a leading-edge newsletter, webinar and one-on-one interactions focused on risk topics. The new offering is designed to stimulate risk discussions with property, casualty, life, and health insurance executives.

A recognized risk management industry expert, Ingram has led Willis Re’s ERM Advisory group for over a decade. In addition, he was previously in the Insurance Ratings Group of Standard and Poor’s (S&P), where he led their initiative to incorporate ERM into insurance ratings. Ingram is a frequent writer and speaker on ERM topics, having received the award for Best Practical Paper at the annual ERM Symposium on four separate occasions.

He was recently the chair of the International Actuarial Association (IAA) Enterprise and Financial Risk Committee, chair of the U.S. Actuarial Standards Board ERM Committee and chair of the IAA ERM task force of the Actuarial Standards Committee. In those roles, he was instrumental in the promulgation of the first ERM related professional standards of practice for actuaries in the U.S. and globally.

Ingram’s primary focus will be on the intersection of risk and strategy for insurers, working with ARM experts to develop material for the SRSE program.

Former VP of Financial Risk Management at Mutual of Omaha, Rudolph has been teaching graduate level courses in ERM and investment topics as an adjunct professor at Creighton University for the past 11 years. Additionally, he has conducted extensive research and produced industry reports on such topics as interest rates, climate, pandemics and a variety of financial topics tied to ERM and emerging risks.

Prior to joining ARM, Rudolph developed an Asset-Liability Management process for an insurer and managed the firm’s financial risks. He has developed and peer reviewed insurer internal risk management processes as well as improved communications to such stakeholders as boards and rating agencies.

Rudolph is a past Society of Actuaries board member and Investment Section chair. He served on the board for CFA Society Nebraska and chaired the American Academy of Actuaries Economic Scenario Work Group. He is currently a member of the SOA Research Executive Committee and the Catastrophe & Climate Committee.

Rudolph’s primary focus will be on stability of both asset and liability assumptions and improving practical decision making over long time horizons.

USG Promotes Ron Capo

USG Insurance Services, Inc., a national wholesaler and MGA, is pleased to announce the promotion of Ron Capo to Producer/Broker: Commercial Lines in Covington, Louisiana.

Capo has been with USG since November of 2019 as an Associate Producer/Broker. In his new position as Producer/Broker: Commercial Lines, Ron will continue building his book of business and agency relationships while assisting in the expansion of USG’s southern territory.This move is the most recent change that USG has implemented in its plan to continue expanding its operations nationally as a leading wholesaler brokerage firm.