Regulatory developments, evolving consumer expectations, technological change, IFRS 17 and the EU Audit Directive are just some of the challenges that our insurance clients are trusting us to help them meet.
We are one of the fastest growing teams providing advice and business services to the insurance sector. BDO’s insurance specialists have extensive experience and knowledge that comes from providing the full range of audit, tax, advisory and financial investigations services to the largest global insurers, domestic players and niche providers and distributors. We understand the challenges our clients face, the market they operate in and the importance of managing financial, operational and regulatory risk.
We can guide our clients through key issues covering:
- External audit & financial reporting
- Actuarial services
- Risk & capital
- Business tax, VAT & Insurance Premium Tax (IPT)
- Regulatory compliance
- Internal audit
- Corporate governance
- R&D tax credits
- Technology assurance
- Corporate finance
- IFRS 17 consulting and advice
Our clients are constantly managing the impact of new regulations such as;
- Solvency II
- IFRS 4
- IFRS 17
We advise our clients to ensure they understand, manage and comply with new regulations. It is one of the ways we provide them with the insights and ideas that make a difference to their business.
Make sure you check the Insight articles below for the latest developments in Insurance.