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Financial Condition Examinations |
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InsRis
performs financial condition examinations for insurance departments by
providing certified financial examiners in a supervisory capacity and in an
in-charge capacity, as well as certified and accredited financial examiners
and certified public accountants functioning as staff support.
Examinations are conducted in accordance with the NAIC Financial Condition
Examiners Handbook and with a thorough understanding of NAIC
accreditation standards.
The firm performs both comprehensive and limited scope examinations and provides all the requisite expertise to conduct the entire examination or provides staff to assist insurance department personnel. Our personnel have expertise in computer tools such as TeamMate and are committed to staying current in technology. Information systems specialists provide evaluation of controls in information systems (i.e., Exhibit C) reviews. Actuaries provide aggregate reserve, asset adequacy, loss reserve and actuarially related examination assistance; EDP audit specialists provide computer assisted audit support and are experienced in Audit Command Language (ACL). Investment specialists perform analysis of complex and sophisticated investment portfolios; reinsurance specialists provide in-depth knowledge of contracts, claims, accounting and underwriting, coupled with related transactions. InsRis utilizes its large, highly qualified and mobile national network of examiners to conduct all aspects of financial examinations anywhere in the United States and its territories. |
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