
On October 15, 2020, the District Court of Oklahoma issued its order of approval and implementation for the first ever Insurance Business Transfer, allowing for the innovation of insurance policies to an assuming insurer without policyholder consent.

Learn how transitioning to a self-funded program can help reduce expenses, improve cost-benefit ratio, and enhance flexibility.

This article provides background on this new opportunity for all companies with legacy liabilities and discusses why actuaries will be at the center of that process.