Mark Hurst

Mark Hurst

Direct phone 02-8252 3358

Mark is a Principal with Finity with almost 20 years experience in the general insurance industry.

Mark is leader of Finity's self insurance practice. His general insurance experience includes outstanding claims reserving and providing advice to corporates with regard to their insurance arrangements.

Mark has been involved in a variety of projects for self insurers including:

  Valuation of outstanding claim liabilities (all classes) - self insurers and captives

  Calculation of bank guarantees

  Examining the feasibility of organisations considering self insuring liabilities (mostly workers compensation)

  Providing advice to self insurance pools regarding funding and outstanding claim liabilities (public/products liability, ISR)

  Advice to electricity distributors regarding the cost of self insured risks as part of the revenue determination to the AER

  Allocation of costs between operating divisions

  Assistance with self insurance licence applications

  Development of key performance indicators and management reports

  Analysis of the volatility of claims experience and profits under self insurance

  Advice regarding risk margins.

Qualifications

Fellow of the Institute of Actuaries of Australia, 2001

Bachelor of Economics and Science degrees from the Australian National University, 1987

Work History

March 2005 to present: Finity Consulting (Principal from 2007)

2000 to 2005: Trowbridge Deloitte - Consultant

1989 to 2000: Trowbridge Consulting - Consultant

1988 to 1989: Trowbridge Tillinghast - Analyst