David A. Lalonde, FCAS, FCIA, MAAA, Senior Vice President, AIR Worldwide

Mr. David Lalonde is Senior Vice President responsible for the Consulting and Client Services group, the members of which work one-on-one with clients to help them understand their risk profile and identify where and how catastrophe loss information can best be used in decision-making. Mr. Lalonde has a wealth of experience in the securitization of insurance risk and the use of dynamic financial analysis models for pricing, reserving, and corporate planning. He is responsible for ensuring AIR models meet all regulatory standards and he regularly assists clients in responding to Department of Insurance requests for information relating to the use of catastrophe models in ratemaking. He has appeared as an expert witness in rate arbitration hearings and has provided catastrophe modeling expertise on due diligence teams.

Prior to joining AIR, Mr. Lalonde was a Director of Coopers & Lybrand. His team of actuaries provided a wide variety of consulting services to help insurance companies and self-insured organizations assess and manage their risk. He signed loss reserve opinions, performed classification studies, and provided ratemaking support. Prior to that, Mr. Lalonde was Chief Actuary at the Insurance Corporation of British Columbia, where he reported to the company’s Board of Directors on a wide range of strategic and operational issues, including recommending appropriate levels of surplus based on stochastic planning models. He was responsible for both pricing and reserving functions.

Mr. Lalonde is a Fellow of the Casualty Actuarial Society, a Fellow of the Canadian Institute of Actuaries, and a Member of the American Academy of Actuaries. He received his B.Math. (Honors) in Actuarial Science with Statistics from the University of Waterloo.