Company Research Report: Perr&Knight

Company Overview

• Name: Perr&Knight

• Mission: To provide extraordinary value to clients by offering innovative solutions to complex challenges, ensuring a positive and motivating work environment that respects diversity and recognizes hard work.

• Founded: In 1994

• Founders: No specific information on founders.

• Key People: Tim Perr (Managing Principal and CEO), Scott Knight (Managing Principal and Chief Sales Officer)

• Headquarters: Santa Monica, California

• Number of Employees: Over 140 insurance professionals, including more than 30 credentialed actuaries

• Revenue: No information is available

• Known For: Integrated array of actuarial, compliance, and technology services, renowned for reducing costs, improving compliance, and gaining a competitive edge in the insurance sector.

Products and Services

Perr&Knight offers a suite of services and software solutions tailored to the insurance industry:

Services

• Actuarial Consulting: Expertise in industry-specific actuarial services to help businesses grow and succeed.

• Predictive Analytics: Data-driven insights for smarter decisions.

• Risk Strategies & Solutions: Transforming insurance concepts into profitable business lines.

• Insurance Product Development: Customized product design and development.

• Operations & Technology Consulting: Strategic tech planning and implementation.

• Statistical Reporting & Data Services: Ensuring data accuracy and compliance.

• Insurance Licensing: Comprehensive licensing services to avoid penalties.

• State Filings: Expert support in state filings processes.

• Bureau Monitoring & Maintenance: Tracking regulatory changes via StateFilings.com platform.

• Regulatory Compliance: Ensuring compliance at every product development stage.

• Compliance & Operational Assessments/Training: Identifying and correcting operational gaps.

Software Solutions

• StateFilings.com: A platform for managing and monitoring state filings.

• Statistical Reporting Manager: Software to streamline data aggregation for accurate reporting.

• Bureau Monitor: A comprehensive solution for monitoring and adopting bureau circulars.

Recent Developments

Certifications and Recognitions

• Great Place to Work Certification™ (2023): For the third consecutive year, acknowledged for exceptional workplace culture and employee experience.

• Climate Neutral Certification (2023): Recognized for comprehensive efforts in measuring and offsetting carbon footprint to promote sustainability.

Recent News

• Hales & Lenz Presentation (September 2024): Featured in Arkansas Press Democrat after presenting a commissioned report to the Arkansas State Legislature on managing rising insurance premiums.

• New Practice Launch (May 2023): Launch of the Risk Strategies & Solutions insurance consulting practice.

• Climate Initiatives: Adoption of measures such as renewable energy use, optimized logistics, and waste reduction to achieve the Climate Neutral Certification.

Events and Conferences

• Participation in significant industry conferences such as World Captive Forum 2025, Guidewire Connections, and Insurtech events, showcasing Perr&Knight’s ongoing influence and thought leadership in the insurance domain.

Partnerships and Innovation

• Continuous development and innovation in their software products, exemplified by updates to platforms like StateFilings.com and the Statistical Reporting Manager to enhance efficiency and data management.

Overall, Perr&Knight remains a pivotal player in the insurance consultancy and software industries, with extensive offerings in actuarial consulting, compliance management, and advanced software solutions, driving efficiency and competitiveness for its clients. Their commitment to workplace excellence and environmental sustainability further underscores their leadership in the market.