What Perr&Knight does

Perr&Knight is a private US actuarial and insurance consulting firm founded in 1994 by Tim Perr and Scott Knight, headquartered in Santa Monica, California, with additional offices in Boca Raton (Florida), Newark (New York Metro), and Charlotte (North Carolina). The firm employs 150+ insurance professionals including 30+ credentialed actuaries (ACAS, MAAA, FSA) and is described in its own materials as among the largest independent actuarial and insurance consulting firms in the United States. Its service portfolio spans actuarial consulting, predictive analytics, insurance product development, statistical reporting and data services, insurance licensing, state filings support, bureau monitoring, regulatory compliance, and a newer Risk Strategies & Solutions practice for product innovators, supplemented by an Applied AI Consulting service line.

The firm's proprietary technology platform is PK1Cloud, a unified operating environment for Property & Casualty insurance operations composed of five modules: Filings (state SERFF workflow, evolved from the legacy StateFilings.com product), Bureaus (ISO/AAIS/NCCI circular monitoring), Reporting (statistical data transforms and extracts), Product (forms, rates, rules, and regulatory intelligence), and Licensing (entity and producer license management). A Bureau Monitor subscription add-on and a March 2026 strategic partnership with Pythia to embed AI-driven market intelligence extend the platform's automation footprint. Security posture is evidenced by SOC 2 Type 1 certification.

Revenue is generated through two streams: (1) professional services delivered by credentialed actuaries and regulatory consultants on a project/engagement basis, with senior principals serving as Appointed Actuaries for client carriers, and (2) recurring subscription revenue from PK1Cloud and Bureau Monitor with monthly customer success check-ins. Distribution is enterprise field sales led by CEO Tim Perr and Chief Sales Officer Scott Knight, supplemented by an event-driven presence at major insurance industry conferences (InsurTech Insights USA, NAPHIA Engage, NCCI Annual Insights Symposium, DIGIN, AICP, Supplemental Health DI & LTC, Duck Creek Formation '24) and content marketing via the firm's blog, white papers, and the quarterly State Filings Pulse publication. The company is privately held with no parent company, no institutional investors, and no public funding rounds disclosed.

Name

Perr&Knight

Legal name

Perr&Knight Inc.

Website

https://perrknight.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

101–250 employees

Short description

Perr&Knight is a US-based independent actuarial and insurance consulting firm offering actuarial, regulatory compliance, and technology services through its proprietary PK1Cloud platform to P&C carriers, MGAs, program administrators, and insurance innovators.

Ownership category

akta.pro rank

Product category

Insurance Consulting & Compliance Software

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

Keywords

• Actuarial consulting
• Insurance compliance
• State filings management
• Insurance software platform
• Regulatory compliance services

Headquarters

HQ city

Boca Raton

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Actuarial Consulting Services: Core consulting services including actuarial consulting, predictive analytics, risk strategies & solutions, insurance product development, statistical reporting & data services. Delivered by team of credentialed actuaries and consultants.
2. Regulatory Compliance Services: State filings support, bureau monitoring & maintenance, regulatory compliance consulting, compliance & operational assessments/training, insurance licensing services.
3. Software Solutions (PK1Cloud/StateFilings.com): Cloud-based software subscriptions including PK1Cloud platform (Filings, Bureaus, Reporting, Product, Licensing modules) and StateFilings.com. Bureau Monitor is a subscription service within the platform.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Perr&Knight delivers actuarial consulting, insurance regulatory compliance, and software solutions to insurance carriers, MGAs, and program administrators. Its core offerings include actuarial consulting, predictive analytics, insurance product development, state filings support, bureau monitoring, and the PK1Cloud unified operating platform for Property & Casualty insurance operations that integrates analytics, product design, and regulatory compliance.

Product overview

Perr&Knight offers an integrated portfolio of insurance consulting services and technology solutions. The core product is PK1Cloud, a unified operating platform for Property & Casualty insurance operations that integrates analytics, product design, and regulatory compliance. PK1Cloud comprises five interconnected modules: PK1Cloud Filings (formerly StateFilings.com) for regulatory workflow management, PK1Cloud Bureaus for bureau circular monitoring, PK1Cloud Reporting for statistical data submissions, PK1Cloud Product for insurance product development, and PK1Cloud Licensing for entity/producer licensing. StateFilings.com and its Bureau Monitor add-on remain available as standalone solutions. The platform centralizes development, bug fixes, and regulatory updates that were previously handled independently using homegrown systems or fragmented single-purpose tools.

Differentiator

Problem solved

Functional benefit

Brands

• PK1Cloud: A unified operating platform for Property & Casualty insurance operations that integrates analytics, product design, and regulatory compliance within a single environment.
• PK1Cloud Filings
• PK1Cloud Bureaus
• PK1Cloud Reporting
• PK1Cloud Product
• PK1Cloud Licensing

Products and services

• PK1Cloud Platform A unified cloud-based operating platform for Property & Casualty insurance operations that integrates analytics, product design, regulatory compliance, filings, licensing, and reporting within a single environment. Sold as a subscription to insurance carriers, MGAs, and program administrators.
• StateFilings.com Cloud-based state filings management solution and predecessor to PK1Cloud Filings, providing structured regulatory workflow capabilities for insurance rate, rule, and form filings. Available as a standalone subscription product.
• Bureau Monitor Subscription service tool within StateFilings.com that centralizes bureau circulars, tracks filing numbers and effective dates, provides links to circulars, and delivers recommended filing actions and statuses for all circular updates from ISO, NCCI, AAIS, and other bureaus.
• Actuarial Consulting Professional actuarial consulting services delivered by credentialed actuaries covering ratemaking, reserving analyses, Appointed Actuary services, and actuarial support across personal automobile, homeowners, commercial lines, and other lines of business. For insurance carriers and insurers.
• Risk Strategies & Solutions Consulting practice area providing actuarial expertise, regulatory advice, and product development assistance for transforming innovative insurance concepts into compliant programs. For insurance organizations seeking to develop new insurance products.
• Predictive Analytics Data-driven predictive analytics services using data scientists and proprietary tools to provide insights for insurance decision-making and competitive positioning. For insurance carriers and insurance organizations.
• Insurance Product Development Consulting service designing and developing customized insurance products that meet target market needs and drive profitability, including forms, rates, rules development, and regulatory intelligence. For insurance carriers, MGAs, and program administrators.
• Statistical Reporting & Data Services Statistical reporting and data management services for mandated regulatory reporting requirements, including bureau data submissions aligned to ISO, AAIS, MACAR, and NCCI requirements. For insurance carriers and insurance organizations.
• Insurance Licensing Services End-to-end insurance company and producer licensing services to maintain current licenses and avoid costly penalties across multiple jurisdictions. For insurance carriers and insurance entities.
• State Filings Support Expert support and guidance service for insurance state filings processes, streamlining workflows and freeing up client teams for strategic work. For insurance carriers, MGAs, and program administrators.
• Regulatory Compliance Deep expertise regulatory compliance consulting ensuring accuracy and compliance at every stage of insurance product development and filing. For insurance carriers and insurance organizations.
• Applied AI Consulting Applied artificial intelligence consulting services for insurance organizations, providing guidance on AI adoption, integration, and use cases within insurance operations. For insurance carriers, MGAs, and program administrators.

Quantifiable outcome

• California median approval times declined from 340 days in 2024 to 283 days in 2025 with catastrophe modeling approvals
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature6 records

Partnerships

Two partnerships are on record, tiered minor and core.

• Duck Creek TechnologiesminorGTM or Marketing Partner · 21 May 2024Perr&Knight is a sponsor of the Formation '24 conference hosted by Duck Creek Technologies. Mark Nawrath, Director of Business Development, attended to connect with insurance technology decision-makers at the Omni Dallas Hotel event.
• PythiacoreTechnology or Integration · 1 January 2024PK1Cloud, a division of Perr&Knight, announced strategic partnership with Pythia to integrate AI-driven market intelligence into insurance workflow platforms. The collaboration aims to enhance decision-making, regulatory compliance, and product development for P&C insurance organizations. Integrated offerings were expected to be available in Q2 2026.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Guidewire Software: Leading P&C insurance core system platform serving carriers globally. PK1Cloud competes for the same insurance operations budget pool, particularly around filings, product, and bureau workflows that integrate with Guidewire.
• Oliver Wyman: Global management consulting firm with a large actuarial practice serving P&C, life, and health insurers. Overlaps with Perr&Knight on actuarial consulting and insurance strategy but operates at significantly larger scale.
• PwC: Big 4 firm providing insurance advisory, actuarial, and risk consulting services to global insurers — a broad incumbent competitor for enterprise consulting and transformation engagements.
• KPMG: Big 4 firm with insurance industry advisory, actuarial, and risk consulting capabilities — competes with Perr&Knight for large enterprise insurance transformation and regulatory engagements.
• EY: Big 4 firm with insurance and actuarial advisory practices serving carriers, MGAs, and reinsurers. Overlaps with Perr&Knight on compliance and transformation mandates at enterprise scale.
• Deloitte: Big 4 firm with a substantial insurance consulting practice covering actuarial services, regulatory compliance, and insurance technology. Competes with Perr&Knight for large carrier mandates as a broad incumbent.

Direct peers

• Milliman: One of the largest global actuarial and consulting firms, directly comparable to Perr&Knight's core actuarial consulting, regulatory filings, and statistical reporting services across P&C, life, and health lines.
• Wakely Consulting Group: Healthcare-focused actuarial and consulting firm with adjacent insurance regulatory expertise; comparable as an independent mid-sized actuarial consulting peer in the broader insurance advisory space.
• Pinnacle Actuarial Resources: Independent actuarial consulting firm offering rate-making, reserving, and regulatory services for P&C insurers — a direct competitor in the same niche consulting segment Perr&Knight serves.
• Lewis & Ellis: Actuarial consulting firm specializing in insurance regulatory compliance, rate filings, and product development — directly comparable to Perr&Knight's actuarial consulting and state filings practice.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/perrandknight

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Perr&Knight