Insurance
Insurance
Carol Bolles
CPA
Principal
Mark Herzinger
Principal
Kenneth N. Hugendubler
CPA
Principal
Kaelan Kearney
Director of Business Development
Simon Oddy
FCA, CFE, MCIArb
Principal
John Romano
CPA, CIA, CFE, CITP, CSM
Principal
Russell Sommers
CPA, CISA
Principal
Christopher J. Tait
MBA, CISA, CCSK, CFSA
Principal
Jonathan Zeigler
CPA, CITP
Managing Principal
Protect and enhance your value
Create your own future with a proactive and collaborative relationship geared towards growth-oriented solutions. Our team specializes in all aspects of the insurance industry – including property and casualty (P&C) and life insurers, health plans, insurtechs, insurance regulators, reinsurance and captive insurance companies – and will help to not only protect your value, but enhance it. By improving operations tailored for your organization, you can overcome challenges and disruptions thrown your way.
Forge a new path forward: Implement a Model Audit Rule program tailored to your organization
For insurers that exceed the $500 million direct and assumed written premiums threshold, Model Audit Rule (MAR) implementation can be a significant undertaking. Baker Tilly’s insurance and regulatory specialists are dedicated to the development, successful implementation, ongoing testing and maintenance of your MAR program. We can customize and integrate an approach with your internal audit plan, enterprise risk management and compliance functions.
Industry specialization
Health Plan Solutions
Innovate care while managing costs and compliance with our health plan solutions
Insurance Regulators
We leverage our extensive regulatory expertise, unwavering integrity and commitment to continuous improvement and innovation – enabling us to pass accreditation reviews successfully and serve state insurance departments and regulators.
Insurtech
Insurtech’s rapidly evolving environment means innovation is both your best growth opportunity and your biggest competitor. Work with a team that can help you win your race.
Financial Services
The financial services industry continues to diversify, but competition and more complex vendor relationships make determining business strategy more complicated.
Internal Audit
Leverage industry-specialized internal audit for organizational success.
Tax Evolution & Automation
Helping clients apply digital transformation strategies to achieve long-term goals
Risk Advisory
Baker Tilly addresses the full spectrum of risk, governance and compliance considerations in the context of industry, operations and culture.
ESG & Sustainability
Leading in specialties including compliance, risk, controls, assurance, sustainability, decarbonization strategy development and technology consulting, we provide comprehensive environmental, social and governance (ESG) and sustainability advisory that spans solutions for any company, function or challenge.
Identify emerging risks and prepare for tomorrow’s world
As the insurance industry continues to face a changing landscape, risk and internal audit functions must remain agile and look to the future. Identifying and addressing risk is one of an organization’s most important duties for its employees, shareholders and customers. Insurers are constantly inundated with new obstacles and regulatory requirements with which they must comply. Successful organizations will identify, prioritize and mitigate risks, and seize opportunities that create value for stakeholders, maintain financial stability and drive innovation.
We use a strategic, industry-forward approach which will enable you and your team to prioritize resiliency and growth efforts while minimizing disruption. As the industry faces diminishing resources and staffing challenges, Baker Tilly serves as an extension of your internal team’s capabilities to ensure effective internal controls. Learn more about our risk advisory services.
Our risk advisory services include:
Explore our latest case studies
Insurance company develops digital strategy to help prioritize technology initiatives
Struggling to proactively address technology needs, this insurance company developed a digital strategy to outline the proper prioritized road map for initiatives to maximize business value.
Financial services company tackles operational challenges with a process assessment
Learn how a financial services company tackled operational challenges with a process assessment, targeting bottlenecks and inefficiencies, and paving the way for automation in ongoing tech initiatives.
Insurance broker automates staffing model process with forecasting model
This company refreshed their outdated staffing model process with a new forecasting model that would predict the ideal number and type of support staff to assign to each account per year.
Customer experience review improves agent communications for mutual insurance company
Learn how Baker Tilly’s customer experience review helped a mutual insurance company understand and document key areas of their insurance agent experience to improve operations.
Insurance company undergoes strategic assessment to prioritize IT strategy
The company has recently undergone significant technology modernization projects and was looking for external support to help prioritize the next steps of their IT strategy. Read this case study to learn how a strategic assessment supported the company as they transitioned from current to future state.
Innovation workshop helps life insurance company develop strategic road map to improve operations and technology
Learn how an innovation workshop enabled client stakeholders to define and prioritize a set of opportunity areas and solutions that provided focus and direction for future efforts in a very short amount of time.
Large health plan develops QPA methodology to comply with the No Surprises Act
This case study discusses how Baker Tilly helped a large payer organization develop a methodology for calculating QPAs and comply with the No Surprises Act.
State insurance department seeks actuarial examination assistance and reinsurance, reserve and pricing risk analysis
State insurance department required actuarial expertise to supplement an ongoing financial exam
State insurance department needs assistance with risk-focused examination subject to NAIC accreditation review
This case study reviews a group-coordinated, risk-focused exam that required various specialists with cyber, investment, reinsurance and actuarial expertise
Multinational organization seeks complex information technology and cybersecurity review
State regulators perform group-coordinated examination with three separate IT environments
You'll drive, we'll navigate
Baker Tilly insurance specialists have years of experience and the industry expertise necessary to help you navigate any stage in your insurance organization's journey. We have worked with clients from both ends of the insurance industry spectrum, and know how to collaborate with your team to get the best results possible.
Read our latest insights
By the numbers
6th largest
Health insurance auditor (A.M. Best 2023)
12th largest
P&C insurance auditor (A.M. Best 2023)
Top 25 largest
Life insurance auditor (A.M. Best 2023)
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