Welcome to Deep Dive Analytics

When it comes to choosing a life insurer, there is no such thing as too much information.

Would you recommend an insurance policy to your client if you knew the company might not be around when they need it most?

Whether acting as a fiduciary-minded advisor or simply a caring family member, you
want to suggest a life and annuity (L&A) carrier that will be able to fulfill its long-term
promise. But more and more, insurance carriers are quietly holding high-risk, junk-rated
assets while using offshore and captive reinsurance. The result is a company that
appears to be robust, while in reality, hidden fractures are endangering the company’s
longevity and the promises made to annuitants and policyholders.

Our platform gives you a critical advantage: the ability to screen insurers for hidden
financial fragility—before they fail.

If a client, a friend, or a family member relies upon any life or annuity product, there is a
great deal of information they need. The problem is they have no idea they need it.
Even if they knew they needed it, due to the arcane nature of insurance, they would
have no idea where to find it. Even if they found it, they’d have no way of analyzing and
qualifying it.

That is why I formed Deep Dive Analytics, LLC.

I am a certified fraud examiner and forensic accountant. For forty years, I have
conducted deep dive analyses of the US insurance industry using their own statutory
financial statements. I have served as an insurance examiner and a state examiner-in-
charge. I have served as a consulting and testifying expert in federal criminal cases and
assisted the FBI and prosecutors in the gathering and presentation of evidence, as well
as in civil litigation, including the massive antitrust case against more than 100 Blue
Cross insurers - the largest antitrust class case in U.S. history. But more important is the
fact that I am totally independent.

Over the years, I have witnessed disturbing trends in the industry. The shift from the
mutual business model to a for-profit one has radically altered the business practices
and financial reporting in a way that threatens policyholders. An overall lack of
transparency makes it extremely difficult to evaluate the true financial condition of most
of the Life and Annuity (L&A) carriers.

I’ve spoken with numerous professionals in this industry who are all asking me the
same question. In this increasingly less transparent market, how can we be sure of the
long-term viability of carriers? How can we be sure the carrier will outlive our clients, the
policyholders? This service is my response to those concerns.

Deep Dive will seek to provide valuable information and educate insurance agents,
advisers, fiduciaries, and policyholders using detailed risk assessments of the L&A
industry from the unique perspective of an independent forensic accountant and fraud
examiner with forty years of accumulated knowledge and focus on this industry.