Being prepared for regulatory examinations is important. Eide Bailly professionals experienced in conducting financial or market conduct regulatory examinations for state departments of insurance can help you gain familiarity with the process. Our non-attest engagements include outsourcing and co-sourcing services for mock financial or market conduct regulatory examinations. We also help you become knowledgeable with the National Association of Insurance Commissioners (NAIC) examination handbooks and materials along with appropriate state insurance laws.
Companies that gain the most from regulatory examination preparation services are those that are unfamiliar with the regulatory examination process and those who may be expecting an examination focusing on deficiencies in various areas of the company. In addition, companies having significant turnover in their regulatory team will experience an improved regulatory examination as a result of the training provided by Eide Bailly.
Eide Bailly can help you experience improved regulatory examinations. Our process involves using actual examination procedures to work with company personnel responsible for areas that are of interest to regulators. These procedures include interviews, requests for information and discussions on findings. We also provide the company with a report, which includes the findings and results of the mock examination.
