Proactive Guidance & Insights to Ensure Your Success
Changing customer demands, new technology and increasing regulations put a tremendous strain on insurance entities. Anticipating these challenges can be the difference between success and failure as companies try to remain competitive and innovative. Having the right strategic partner on your side makes all the difference.
As a leading provider of insurance accounting services, Bennett Thrasher serves a diverse group of insurance entities. We understand the industry’s unique pressures and opportunities and provide our clients with the advice and attention they need to run their business effectively.
The insurance market is growing at an unprecedented rate, driven by opportunities to protect assets, mitigate risks and contain costs. Insurance providers need to work with an accounting firm with dedicated industry expertise to keep their companies in compliance with a diverse range of complex tax and regulatory requirements. Bennett Thrasher can provide that expertise when you’re looking to outsource your insurance accounting services and help provide the financial insight you need to be successful and in compliance.
Our advisory, audit and tax professionals serve a number of insurance clients domiciled throughout the United States and internationally, including:
- Commercial insurance carriers
- Captive insurance companies
- Insurance agencies
- Managing general agents
- Risk retention groups
- Third-party administrators
Our insurance accounting outsourcing team’s extensive knowledge of the insurance industry allows us to help our clients fulfill their business objectives through comprehensive advisory, accounting and tax support, including:
- Financial statement audits
- Federal and state income tax planning and preparation
- International tax and transfer pricing
- Recommending insurance service providers including; managers, attorneys, actuaries and other professionals who can help establish and manage an insurance entity
- Insurance claims services
- Representing taxpayers during IRS examinations
With a rapidly changing industry, you don’t have time to worry about whether each annual audit and tax filing is completed correctly and on time or, to constantly educate service providers on the nuances of the insurance industry.
At Bennett Thrasher, each insurance client receives attention from our most experienced insurance accounting professionals. While we deliver a high level of expertise, we also are able to maximize our efficiency to manage your cost. As auditors and tax advisors for several types of insurance entities, we are able to leverage critical mass to build additional efficiency into our processes.