Does your company have special insurance needs? Whether the company is a self-funded trust, captive or quasi-government agency, management needs to have information available to help them comply with regulatory and financial reporting requirements. Eide Bailly has a wealth of knowledge and experience with insurance companies, and can assist with the development, review and implementation of such programs.
We offer a full array of services, including Generally Accepted Accounting Principles (GAAP) audits for self insured companies, such as captives or insurance trusts; Information system reviews for system conversions or ongoing maintenance, including Service Auditor's Report reviews which have become an industry standard; reinsurance analyses reviewing existing or contemplated reinsurance arrangements; GASB 34 disclosures for organizations that require additional disclosures due to governmental accounting standards; and risk transfer vehicle assessments to determine which program best suits the situation.
Put our more than 40 years of experience to work for you. We know the challenges of operating in a heavily regulated environment, and have helped our clients navigate the marketplace by considering all factors. Our team of 60 dedicated professionals includes individuals with both financial and regulatory experience. Our staff members have drafted captive legislation and examined hundreds of self-funded programs throughout their careers.