Insurance pools

We are focused on helping you generate sufficient investment returns and liability management

Our highly experienced team has developed robust strategies and investment processes to help you generate returns and manage that cover your liabilities. We can provide advice on your investment’s direction, manage your liabilities or investment strategies, or take care of your day-to-day investment decisions.

Our difference

We are highly attuned to the challenges that insurers face. In working with us, you have access to:

  • Strategy, management, and advice all encompassed through a governance framework provides clarity for investors.
  • Nimble advice and actions based on thorough, long-term market and industry analysis.
  • Creative solutions to complex challenges.

How we help insurers

Through a variety of strategies, we can help you solve some of your most acute challenges.  

These include managing the interest rate and inflation risk for your investment – without compromising on the pool’s ability to generate the returns it needs, a well-diversified allocation to return-seeking assets and necessary adjustment to the asset allocation when market conditions change.  

We structure solutions around your needs. Therefore, we take time and care to understand what you need, so that we can offer the service you need, which includes:

Investment consulting

About us_Investment consulting

Investment consulting

We advise you on investment decisions

Outsourced Chief Investment Officer services

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Outsourced Chief Investment Officer services

We take day-to-day investment decisions on your behalf

Derivatives management

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Derivatives management

We manage your investment risk

Speak to our team

Michael Clark

Managing Director & Consulting Actuary

Michael Clark

Managing Director & Consulting Actuary

Michael Clark is a Managing Director and Consulting Actuary in River and Mercantile's Denver office. In his role he consults on all aspects of financial risk management for defined benefit plans as well as retiree medical plans and defined contribution plans. He also has led numerous clients through pension risk transfers as well as other complex, strategic pension projects. Michael leads River and Mercantile’s business in the West as well as Business Development for the US. Prior to joining River and Mercantile in 2013, Michael worked for Mercer as well as October Three. He currently serves as Immediate Past President for the Conference of Consulting Actuaries as well as providing leadership to several committees. He also participates in the leadership of the Western Pension & Benefits Council – Denver Chapter. Michael is a frequent speaker at industry and professional association conferences on the topics of pension risk management and pension plan administration and has had several articles published in major trade magazines. He is a Fellow of the Society of Actuaries, an Enrolled Actuary, a Fellow of the Conference of Consulting Actuaries, and a Member of the American Academy of Actuaries. Michael graduated magna cum laude from Brigham Young University with a BS in Statistics.

Philip Gorgone

Managing Director & Senior Investment Consultant

Philip Gorgone

Managing Director & Senior Investment Consultant

Philip Gorgone is a Managing Director & Senior Investment Consultant in River and Mercantile’s Boston office. Phil is responsible for managing the US Investment Team, which includes design, management, implementation, and governance of client portfolios. He also chairs the U.S. Investment Committee and is a voting member of the Fiduciary Management and Insurance Investment Committees. Prior to joining River and Mercantile in 2006, Phil spent 7 years with John Hancock as a member of the Global Investment Strategy Team, which was responsible for the portfolio management, manager selection and oversight for Hancock’s General Account, 401K, and Pension portfolios. Prior to Hancock, Phil worked as a Portfolio Manager/Director of Research with Durkee Capital Advisors and as a Research Analyst with Magna Venture Partners. He holds the Chartered Financial Analyst designation, is a Commodity Trading Advisor, and holds a Series 3 license. Phil has a B.B.A. (Honors) in Finance from the University of Massachusetts in Amherst and has an M.S. in Finance from Suffolk University (1st in his class).

James Walton

Director

James Walton

Director

James Walton is an Investment Director in River and Mercantile’s Boston office. James works with clients on financial risk management, develops investment strategies and derivative solutions. He also leads the due diligence of annuity providers and is a member of the US Investment Committee James joined River and Mercantile in May 2016 from Legal and General, a UK based insurance group. He performed a number of investment management roles relating to the retirement business. This included ALM, credit strategy, illiquid assets and responsibility for the investment strategy of the US Pension Risk Transfer business. James started his career at Aon as an ALM consultant to defined benefit pension plans where he also developed Aon’s LDI, strategic asset allocation processes and analytics. James is a qualified actuary and holds a Masters degree in Physics (Summa Cum Laude) from The University of Oxford.

Latest perspectives

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