Insurance
The
evolving regulatory environment in the insurance industry
makes it imperative that insurance organizations form business
relationships with experts in the industry. We expect that
this evolution will continue and perhaps accelerate. The
Insurance Practice Group of HA&W has
a broad range of service offerings in the insurance industry
that are designed to keep our clients informed and in compliance
with insurance company and industry requirements.
Our client base
includes life insurance companies, property & casualty
insurance companies, captive insurance companies and insurance
agencies. This gives us the experience and knowledge to
add value and reduce the risks of doing business in this
complex industry.
We have
been retained by the Georgia
Insurance Department to conduct regular examinations
of insurers domiciled in the state of Georgia. We have conducted
examinations on very large public insurers as well as smaller
captives and other carriers. We also work with the Georgia
Insurance Department on insurance company insolvency matters.
Service
Areas
- Statutory
and GAAP audits of insurance carriers, captives and insurance
agencies
- Tax planning
and compliance services for insurance carriers and agencies
- Captive insurance
company GAAP basis financial statements to meet the requirements
of the various states of domicile in the US and abroad
- Feasibility
analysis of forming captive insurance companies for business
organizations
- Assistance
to companies with the application of Statutory Accounting
Principles
Industry
Involvement
In addition
to service to our clients, our professionals participate
and hold leadership positions in the following industry
organizations:
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