FMC has provided compliance and operational services to the insurance industry since our founding in 1988. Based on this extensive experience, we are uniquely qualified to serve insurance companies and insurance-related entities, including captives (pure and association), risk retention groups, self-insured groups, mutual companies, and stock companies.


Our Insurance Industry Services include:

Compliance Services

  • Compilation of statutory annual and quarterly statements
  • Audits of statutory and GAAP financial statements
  • Audits of claims processing by third-party administrators
  • Accounting assistance
  • Income tax return preparation: federal and state

Operational and Business Planning Services

  • Risk assessment
  • Mergers, acquisition, and divestitures
  • Tax planning (federal, state, and premium tax)
  • Line of business and product line reporting and analysis
  • Investment accounting - system implementation or enhancement
  • Evaluation of reinsurance accounting controls and contract reporting
  • Litigation support services to attorneys
  • Outsourcing of internal audit functions
  • Outsourced accounting functions
 

Practice Leaders