CHICAGO (March 7, 2017) – Baker Tilly Virchow Krause, LLP (Baker Tilly) is pleased to announce that nearly 60 percent of the states in the U.S. that use external specialists have qualified or are working with Baker Tilly to conduct financial exams of insurance companies.
“This reach demonstrates our insurance team’s expertise in regulatory compliance,” Christine Anderson, firm financial services industry leader, said. “The team’s knowledge of regulations and insight into how insurance companies do business has developed the depth of specialization needed to meet the high standards of state regulators.”
Baker Tilly is currently working in or qualified to work in 25 of the 43 states that use external specialists to conduct financial examinations.
Baker Tilly’s regulatory insurance specialists have rich and varied experiences in helping states implement the risk-focused approach in the field, providing on-site training and support, as well as technical support in information technology (IT), actuarial, investments and reinsurance areas. The team has been involved in examinations of life, health and property/casualty companies of all sizes, including some of the industry’s largest insurers.
About Baker Tilly Virchow Krause, LLP (bakertilly.com)
Baker Tilly Virchow Krause, LLP (Baker Tilly) is a leading advisory, tax and assurance firm whose specialized professionals guide clients through an ever-changing business world, helping them win now and anticipate tomorrow. Headquartered in Chicago, Baker Tilly, and its affiliated entities, have operations in North America, South America, Europe, Asia and Australia. Baker Tilly is an independent member of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 147 territories, with 33,600 professionals. The combined worldwide revenue of independent member firms is $3.4 billion. Visit bakertilly.com or join the conversation on LinkedIn, Facebook and Twitter.