Search Home Who We Serve Insurance & Self-Insurance Sector Insurance & Self-Insurance Contact UsFind Us Locally Insurance and self-insurance pools have unique challenges, including: Uncertainty of claims amounts and timing Premium cycles that require careful cash management Cyclical swings in reinsurance availability and costs Strong price competition Coordination among internal management and outside actuaries, auditors, state regulators, and rating agencies Need for capital preservation during periods of market volatility Desire to simplify the investment process and minimize administrative overhead With these objectives and challenges in mind, our asset management group helps insurance and self-insurance clients professionally manage diversified portfolios that are tailored to their individual needs. We do not believe that “one size fits all.” Instead, our strategies are customized to each client’s lines of business, balance sheet and business goals. As of December 31, 2016, our asset management group managed more than $4.3 billion for insurance and self-insurance clients across the nation using our fixed-income and multi-asset class management strategies. Investment strategies are customized according to the distinct return objectives and risk tolerance of the self-insurance pool, and can include a combination of the asset management group’s managed portfolio solutions—from cash management and tailored fixed-income portfolios to multi-asset class management approaches (which can include fixed-income, equity, global, and alternative investments). Meet Our People Name Position Location Lesley Murphy murphyl@pfm.com 415.982.5544 Senior Managing Consultant San Francisco Steven Schaefer, CFA schaefers@pfm.com 203.793.8081 Director Wallingford Kenneth Schiebel, CFA schiebelk@pfm.com 717.231.6215 Managing Director Harrisburg Our Directory Newsletter Sign-up Sign-up Newsletter Sign-up Privacy Disclosures Terms and Conditions Sitemap Bond Calendar Join Us On