Craig Brophy

FCAS, MAAA

Principal and Consulting Actuary

Wakefield, MA, US

Craig Brophy is a principal and consulting actuary with the Boston office of Milliman. He joined the firm in 2005.

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Experience

Craig collaborates with clients that include multiline property and casualty insurers, captive companies, corporate self-insurers, risk-retention groups, reinsurance pools, and state insurance departments. He has helped his clients with loss reserving and funding analysis, captive feasibility studies, commercial ratemaking, and data analysis for management reporting.

His experience includes both commercial and personal lines, including niche coverages such as United States Longshore and Harbor Workers Compensation and Federal Employers Liability Act. He has also worked on assignments in emerging areas such as cryptocurrency and professional liability related to medical marijuana exposure.

Professional Designations

Fellow, Casualty Actuarial Society
Member, American Academy of Actuaries

Education

BS, Mathematics, Massachusetts Institute of Technology
BS, Computer Science and Engineering, Massachusetts Institute of Technology

Affiliations

Member, Legislative Committee of the Vermont Captive Insurance Association (2022-present)
Member, Captive Insurance Companies Association Amplify Women Committee (2020-2023)
Casualty Actuarial Society Exam Committee (2011-2019)
Casualty Actuarial Society Task Force to Review the Admissions System (2009-2010)

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Publications

Read their latest work

Article

The NIL insurance gap: What schools, athletes, and collectives must know

10 December 2025 - by Julia Rosen, Craig Brophy

The rapid commercialization of the name, image, and likeness (NIL) rule among high-profile collegiate athletes presents new risks for multiple stakeholders.

Article

From amateurism to employment: Legal, financial, and insurance implications for college athletes

03 September 2025 - by Julia Rosen, Craig Brophy

We explore the potential implications of reclassifying college athletes as employees, a change that could reshape the insurance environment.

Craig Brophy

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Experience

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Read their latest work

The NIL insurance gap: What schools, athletes, and collectives must know

From amateurism to employment: Legal, financial, and insurance implications for college athletes

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Craig Brophy

Experience

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