Insurance

The insurance industry is facing unprecedented levels of change from evolving regulations to the rapid adoption of technology and the impacts of big data. You need a Value Architect™ to support your financial and operational goals.

Insurance

  1. Carol Bolles

    Carol Bolles

    CPA

    Partner

  2. Baker Tilly Professional

    Kelly Cressy

    Director

  3. John Romano

    John Romano

    CPA, CIA, CFE, CITP, CSM

    Partner

  4. Jonathan Zeigler

    Jonathan Zeigler

    CPA, CITP

    Partner

We provide a continuous, interactive cycle of financial health services helping you to establish and maintain a solid fiscal and regulatory base. That base is then enhanced through improvements to your operations across all functions of your organization.

    Our solutions

    Insurance organizations are faced with regulatory uncertainty, cost pressures and degrading margins. Calls for new models of healthcare are battering health plans’ strategies and operating procedures. New technology is disrupting how P&C companies structure their offerings. Work with an advisor to help you find sustainable success.

    Insurtech organizations and traditional insurance companies developing or investing in insurtech need a range of problems solved over the course of initial set up through to maturity. Our advisors and consultants can help your organization to grow quickly, integrate effectively, comply with regulations and be sustainably profitable.

    Insurance regulators need experienced, hands on assistance in evaluating a complex array of programs and their effectiveness. More than ever, regulators need experienced service providers to assist in their examinations and analysis. Baker Tilly’s team of regulatory services specialists have experience in both auditing and examining insurance organizations.

    Actuarial services are becoming more and more prominent as companies work to ensure they are accurately accounting for risks across their organization. From insurance companies to state regulators to commercial enterprises, entities are beginning to understand the need for actuarial services in mitigating risk.

    Public, mutual and private insurance companies are pressured to grow profitably, meet compliance requirements and manage cash and investments effectively.

    Benefit from candid insight and straightforward advice from industry specialists with hands-on experience in strategic, operational and finance divisions of P&C, life, health, reinsurance and captive insurance companies.

    By the numbers

    6th largest

    Health insurance auditor (A.M. Best 2021)

    8th largest

    P&C insurance auditor (A.M. Best 2021)

    Top 30 largest

    Life insurance auditor (A.M. Best 2021)

    Trees in the forest, natural resources

    ESG and insurance

    ESG continues to expand within the insurance industry and has been heavily impacted by recent guidance issued by the SEC, the NAIC, AM Best and other stakeholders and decision makers within the insurance industry. Organizations have begun feeling the increasing pressure of needing to focus on and integrate ESG into their plans. See how Baker Tilly can help.

    They are more than consultants. The Baker Tilly team raised the quality of our internal audit and risk management functions and helped us through the change management required to ensure success. We are extremely pleased with their work.
    Craig Campbell, Chief Administrative and Risk Officer, WPS Health Solutions, Wisconsin Physicians Service Insurance Corp.
    The transition of our audit work to Baker Tilly was easy, with no disruptions to our business. Because they know our world, we don’t have to answer unnecessary questions. Their experienced professionals are able to bring practical tax and accounting solutions to our complex business.
    Jon Gangelhoff, Chief Operating Officer, GWG Holdings, Inc. and GWG Life