The insurance industry continues to face increased pressures since the great recession. Competitiveness is at an all-time high as companies routinely underprice risks in a soft market. In addition, insurance organizations are increasingly challenged with unanticipated risks, control breakdowns, and fraud. Cybersecurity is now a top priority amid regulations from the New York State Department of Financial Services and the Data Security Model Law from the NAIC.
Our insurance professionals specialize in collaborating with clients to counter unique challenges in the field. We create strong control environments that emphasize training, communication, transparency, and the identification and quantification of risk. Extensive experience provides a vast range of operational, financial, and regulatory solutions to assist insurance clients with their risk management and governance needs.