Philip Dial

Philip S. Dial is a Principal at Rudd and Wisdom, Inc., an Austin-based consulting actuarial firm. His public firm biography says he has been a consulting actuary with Rudd and Wisdom since 1971 and became a Senior Principal of the firm in 1975.

Dial is a Fellow of the Society of Actuaries, a designation he received in 1973, and a Member of the American Academy of Actuaries, a designation he received in 1976. He earned a BBA in Actuarial Science from the University of Texas at Austin in 1970 and a Master of Actuarial Science from the University of Michigan in 1971.

His work focuses on the design and financing of health and welfare plans. Rudd and Wisdom states that he has advised on risk evaluation, RFP design, insurance and reinsurance selection, managed care and pharmacy benefit management arrangements, alternate funding mechanisms, actuarial cost projections, contribution rates, liability estimates, carrier negotiations, provider networks, and postretirement benefit liabilities.

The available public sources identify Dial as a consulting actuary, not as a venture investor. I found no public source verifying the stub claim that he is an angel investor or seed-stage investor.

• No publicly verifiable angel-investing or seed-investing thesis was found in the sources reviewed.
• Dial’s documented professional focus is actuarial consulting for health and welfare plans, including risk evaluation, plan design, insurance/reinsurance evaluation, managed care and pharmacy benefit management arrangements, alternate funding mechanisms, and postretirement benefit liabilities.
• Rudd and Wisdom describes its broader work as actuarial and management consulting for public and private retirement plans, employee benefit plans, life insurers, property and casualty insurers, forensic economics/expert testimony, and financial planning/investment advisory purposes.
• For founders, the evidence suggests he should not be approached as a conventional startup investor unless a separate, verified relationship or investment activity is known.