How SAA Helps Partner Clients

SAA believes that the investment process is the key to a successful investment program and supports our clients by focusing on the implementation of a well-designed investment process as it enhances the likelihood of meeting client objectives.

Insurance companies and risk pools that retain SAA as a consultant receive all of the following services, along with additional ad hoc analysis & reviews:

Asset Allocation Analysis

SAA reviews the impact of different allocations and models various asset class combinations that are tied to the overall insurance business

Investment Policy Review

SAA reviews the organization’s investment policy to ensure it encompasses the ‘best practices’ of the insurance and risk pooling industries

Peer Group Analysis

SAA conducts a peer group analysis to compare your insurer or risk pools’ portfolio composition and structure to similar organizations

Manager Search & Evaluation

SAA will help select and evaluate the firms managing your company’s fixed income and risk asset portfolios

Portfolio Monitoring

SAA monitors your portfolio beyond performance and reviews compliance, OTTI impairment, stress tests, etc.

Performance Measurement

SAA will review your portfolio from the perspective of required income, benchmarks, risk-adjustments, and after taxes/fees

SWOT Analysis

SAA analyzes the strengths, weaknesses, opportunities, and threats to your entire investment process

Board Education

SAA will conduct educational sessions reviewing new asset classes, basic concepts, etc. SAA can also conduct case study sessions based on our firm’s experiences

Extension of Your Staff

SAA is NOT just your investment consultant, but an extensive resource that is available to your insurer or pool at any time

Asset Allocation Analysis

SAA reviews the impact of different allocations and models various asset class combinations that are tied to the overall insurance business

Investment Policy Review

SAA reviews the organization’s investment policy to ensure it encompasses the ‘best practices’ of the insurance and risk pooling industries

Peer Group Analysis

SAA conducts a peer group analysis to compare your insurer or risk pools’ portfolio composition and structure to similar organizations

Manager Search & Evaluation

SAA will help select and evaluate the firms managing your company’s fixed income and risk asset portfolios

Portfolio Monitoring

SAA monitors your portfolio beyond performance and reviews compliance, OTTI impairment, stress tests, etc.

Performance Measurement

SAA will review your portfolio from the perspective of required income, benchmarks, risk-adjustments, and after taxes/fees

SWOT Analysis

SAA analyzes the strengths, weaknesses, opportunities, and threats to your entire investment process

Board Education

SAA will conduct educational sessions reviewing new asset classes, basic concepts, etc. SAA can also conduct case study sessions based on our firm’s experiences

Extension of Your Staff

SAA is NOT just your investment consultant, but an extensive resource that is available to your insurer or pool at any time


Meet Our Principals

Alton Cogert, CFA, CPA, CAIA, FDP, CGMA
President & CEO

Mr. Cogert founded SAA in 1994. Previously, he has served as a technical advisor to the NAIC Invested Assets Working Group and was a former chairman of the Investment Committee of the National Alliance of Life Companies.

Meet Our Principals

Dan Smereck,
Managing Director & Principal

Mr. Smereck has 25+ years of experience in investing for insurers and risk pools. Prior to joining SAA, Mr. Smereck was SVP and Chief Investment/Information Officer for a large, regional medical malpractice insurer.