Richard B. Lord, FCAS, MAAA
Principal & Consulting ActuaryMilliman
Mr. Lord is a principal and consulting actuary with the Los Angeles office of Milliman. He joined the firm in 1987 and is the former Chairperson of Milliman’s Post Release Peer Review Committee. Mr. Lord is a Fellow of the Casualty Actuarial Society, a Member of the American Academy of Actuaries, and Chairperson of the American Academy of Actuaries’ Medical Professional Liability Committee.
Mr. Lord’s primary areas of practice are medical professional liability insurance, self-insurance for healthcare providers, and consulting to captive insurers and risk retention groups. During his career at Milliman, Mr. Lord has worked in a variety of insurance environments. He specializes in captive and risk retention group feasibility studies, retention analysis, ratemaking studies, loss reserve calculations, Statements of Actuarial Opinion on property and casualty insurance loss reserves, and analysis of new insurance products. He is regularly invited to speak at seminars sponsored by the Casualty Actuarial Society and industry associations, and is a regular contributing author to national insurance publications. He provides reserve analysis and opinions to captives and risk retention groups domiciled in Arizona, The Cayman Islands, Florida, Hawaii, Nevada, South Carolina, and Vermont.
Founded in 1947, Milliman has grown to become one of the largest casualty actuarial consulting firms in the world, with offices in 32 cities across the country as well as offices in Amsterdam, Bermuda, Bucharest, Dubai, Dublin, Hong Kong, London, Madrid, Mexico City, Milan, Mumbai, Munich, New Dehli, Paris, San Juan, PR, São Paulo, Seoul, Shanghai, Singapore, Sydney, Tokyo, Warsaw, and Zurich. Milliman has approximately 2,400 employees, including a consulting staff of over 1,100 qualified consultants and actuaries.
