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MBA Actuaries was formed by the
merger of two respected independent consulting firms, Muetterties, Bennett and Associates, Inc. and Odell
& Associates, Inc. A merger of equals,
each of these firms had over 20 years of continuous operating history
and was recognized in the industry as experts in their chosen fields.
The combination of the two firms
provides a platform for broader service offerings and stronger customer
relationships. With additional resources at their disposal, MBA
Actuaries is poised to grow beyond the boundaries of
traditional actuarial consulting and provide superior service
in the fields of Alternative
Risk Transfer, Litigation Support and Merger
and Acquisition Services.
MBA Actuaries continues to deliver
quality
products and services and set the same high standards that
built the reputations of the founding firms. Our mission is
to help our clients successfully overcome business challenges
relating to insurance, reinsurance and risk management. We
provide our clients innovative, individually tailored products
and services that exceed their expectations.
History of Muetterties, Bennett and
Associates, Inc.
John H. Muetterties started Independent Actuarial Services of New
Jersey after taking early retirement from ISO in 1978. The corporation
was formed on the basis that there was a
real need for unique and unusual studies in the casualty
actuarial consulting areas. Norman J. Bennett joined the
firm in 1981 and the name was changed shortly thereafter
to Muetterties, Bennett and Associates, Inc. Chap Cook joined
the firm in 1991 and became president and principal owner in 1993.
Now in the year of our 25th Anniversary,
there have been many changes, but some things that haven’t changed. We
still consult for coal mining, off-shore platform construction, and
some excess lines. We have added some shipbuilding, chain grocery,
medical malpractice, truckers, liquidations, crop insurance and many
other projects of high interest.
History
of Odell & Associates, Inc.
Odell & Associates, Inc. was founded in June, 1982 . The firm’s
mission was to provide quality actuarial services to selected clients.
We believed that there was a need for a firm which focused on the needs
of the client, with other activities being secondary. Our approach to
delivering services is to first understand as fully as possible the
contributing factors and then, working closely with the client, offer
our professional insight to help them resolve the problems
and achieve their objectives.
Over the years, many individuals
have contributed to the success to the firm. With the passing
of time, the objectives of the firm and its founder naturally changed.
A business combination made a great deal of sense from a number of
perspectives including assuring continuation of quality services to
long term clients. We believe our
clients will be well served by the combined firm.
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