Robert Daino  FCAS, MAAA
Consulting Actuary
Bob.Daino@MBAActuaries.com
(973)335-6448

Robert (Bob) Daino offers clients over fifteen years of senior management experience plus over twenty years as a Consultant. He is creative and entrepreneurial, with years of experience providing vision, innovation and marketing of technical products and services within the insurance and reinsurance industries.

Mr. Daino graduated Phi Beta Kappa, with honors, from Fordham University in 1971, earning a Bachelor of Arts degree in Mathematics. He became a Member of the American Academy of Actuaries in 1977 and a Fellow of the Casualty Actuarial Society in 1978.

Mr. Daino began his actuarial career in 1971 at Insurance Services Office (ISO) in New York City where he managed a department responsible for no-fault insurance as it was being newly introduced into law. In 1974 Mr. Daino joined USAA Group as Vice President, where he managed a department of actuaries and technical staff responsible for USAA’s large automobile book of business. He was involved in strategic planning, product and systems design. He left USAA in 1979 and joined a predecessor firm of MBA Actuaries, Inc. performing a variety of actuarial and management projects including loss reserving, pricing and rating bureau support.

In 1983, Mr. Daino joined American Universal Insurance Group as Executive Vice President in charge of actuarial, reinsurance and planning. The firm was sold, and Mr. Daino’s career began to focus on the reinsurance side of the business. In 1987, he joined the property-casualty reinsurance brokerage firm of Holborn Corporation as Vice President and Chief Actuary. Mr. Daino developed clients, produced business, built an actuarial department and a variety of actuarial systems and reinsurance sales tools.

In 1993 Mr. Daino formed an independent casualty actuarial consulting firm, Cornerstone Consultants, Inc. Clients were major reinsurance brokers, insurers and reinsurers, including General Re Corp., Munich Re America, St. Paul Re., Holborn, CNA and John P. Woods Co. American Re / Am Re Brokers and Axiom Intermediaries were exclusive relationships from 1999 to 2006.

At Cornerstone, Mr. Daino envisioned, designed and managed the development of one of the industry’s first Dynamic Financial Analysis (DFA) Systems. The system was designed to produce of simulations of insurance results and compare multiple reinsurance programs. He provided the system and related services to multiple clients, providing reinsurance sales and technical support leading to many millions of dollars of reinsurance premiums and brokerage fees.

Mr. Daino joined MBA Actuaries, Inc. in 2009 and provides a wide variety of insurance, reinsurance, financial modeling, dynamic financial analysis and other actuarial consulting services.