Horizon Actuarial Services
| Primary URL | Location | Industry | horizonactuarial[.]com |
Country
United States of America
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Financial Services
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Profile
Horizon Actuarial Services, operating under that alias, is a consulting firm that provides actuarial services to multiemployer benefit plans. Its core work involves analyzing plan finances, assessing funding requirements, and assisting with compliance under federal regulations such as ERISA. The firm’s expertise is applied to help sponsors design sustainable benefit structures and manage long‑term liabilities. It serves clients across the United States from its headquarters located in the country.
The organization’s focus on multiemployer plans distinguishes it from broader actuarial consultancies that may serve single‑employer or public sector clients. By concentrating on the collective bargaining environment, it develops knowledge of joint trustee governance, contribution formulas, and the unique funding challenges faced by industry‑wide plans. This specialization enables the firm to offer tailored actuarial modeling and scenario analysis that address the specific risk pools of multiemployer arrangements.
In November 2021, Horizon Actuarial Services experienced a ransomware attack that compromised its systems and exposed sensitive personal and health information. The breach included names, Social Security numbers, birth dates, and health plan details of individuals participating in the client benefit plans it supports. After the intrusion, the attackers demanded a ransom, which the firm paid in exchange for assurances that the stolen data would be deleted. Following an internal investigation, the company notified more than 38,000 affected individuals about the exposure.
No explicit information is available regarding the firm’s ownership structure, parent company, or subsidiary relationships in the provided sources. Consequently, any description of its corporate hierarchy would be speculative and is omitted here. The known facts remain centered on its actuarial consulting focus, its service to multiemployer benefit plans, and the 2021 ransomware incident that impacted tens of thousands of plan participants.