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Robert K. Briscoe

Principal, Senior Consultant
New York, NY, US

Tel: +1 570 2347429

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Current Responsibility

Robert is a principal and senior consultant with the New York office of Milliman.

Experience

Bob has worked on a variety of consulting assignments in life, health, and casualty matters, with emphasis in on workers' compensation assignments. Within the workers' compensation area, he has specialized in the valuation and cost determination of individual large and long-term workers' compensation claims, including occupational disease claims and claim handling practices with respect to high-cost workers' compensation claims. Bob has worked extensively on loss-sensitive workers' compensation insurance arrangements, such as large deductible and retrospectively rated plans where long-term claim costs are adjusted over time between two or more parties. He has extensive experience working with captive insurance arrangements, individual self-insurance programs, and group self-insurance programs. Bob has worked on assignments involving most of the US workers' compensation 2nd Injury Funds, many of the state Workers' Compensation Insurance Funds, and other workers' compensation special funds. He has extensive experience in evaluating the effects of law changes on future workers' compensation costs.

Bob and his staff conduct claim reviews for a large variety of clients to assess case reserve adequacy and claim handling in light of best practices and industry standards. In such assignments, they provide consulting advice as to achieving optimum results within the context of specific claims operations. Bob and his staff have conducted claim reviews in all US workers' compensation claim jurisdictions and under the various Federal workers' compensation programs. In a typical assignment, Bob and his staff will build models of the expected payout of sets of specific claims which can be discounted and organized within the layers of specific excess insurance. Bob and his staff work closely with other Milliman actuaries in formulating assumptions as to future loss development based on reviews of individual claims.

Bob has been a primary figure in the development of innovative alternative methods to cost and document large and/or long-term workers' compensation claims in heavy industry settings and in quantifying comparable costs for large and long-term claims across different workers' compensation systems. He has developed commercial software to manage and case reserve workers' compensation claims. Bob has been engaged in a continuous analysis of compensation for occupational lung disease in the US coal mining industry since the early 1970s.

Bob has spoken at meetings and served on committees at the National Council on Compensation Insurance, the Casualty Loss Reserve Seminars, the International Association of Industrial Accident Boards and Commissions, the American Bar Association, the Kentucky Legislative Research Commission, and the Defense Research Institute and has provided extensive testimony before state and federal legislative and regulatory bodies.

  • Work at Milliman

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