KERPER BOWRON, LLC
FOR IMMEDIATE RELEASE
May 1, 2025 | 1:30 PM EASTERN TIME
Kerper Bowron Unveils Global Breakthrough in Solvency II Standard and
Risk Modeling – Functional Equivalency to Article 77, Number 2 for Service
Contracts
Dublin, Ireland — May 1, 2025
Kerper and Bowron LLC is a global leader in actuarial and financial consulting for service contracts based in Birmingham, Alabama. Today we announce a significant breakthrough in the modeling of Solvency II regulations and service
contract risk. This new methodology aligns Kerper Bowron’s actuarial outputs with
Solvency II standards at unprecedented accuracy — setting a new benchmark for
global regulatory compliance.
Lee Bowron, ACAS, MAAA announced the breakthrough in Dublin, Ireland.
He said, “I am proud to represent my firm in making this announcement. Ireland is a full member of the EU. However, the standard that this finding represents has global implications with most countries outside of the US following this section of Article 77. Achieving functional compliance with Article 77 is an unusual result. It is a result that service contracts do not have significant catastrophe or high variance risk. In addition, the lower severities, and higher frequencies inherent in service contracts make them a more predictable insurance product. Because of this, we were able to functionally match the “ideal standard” of Article 77.
John Kerper, FSA, MAAA, who is the coinventor of the Kerper Bowron method, sends his regards, “This advancement is a result of 22 years of actively working with clients and advancing service contract analytics. Because of our advanced analytics, we have a significant client base currently which follows this standard. We look forward to working with additional clients worldwide as they seek full compliance with Solvency II standards.”
Contact:
Kerper and Bowron, LLC
Lee M. Bowron
lee@kerper-bowron.com
205-870-0595
John Kerper
john@kerper-bowron.com
205-871-1488
