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bmc - Experience
Industry Specialties: Insurance Industry Services

For today's insurance companies, the industry’s complex issues pose daily challenges. The competition to improve shareholder value, industry consolidation, globalization, low investment returns and reserve deficiencies all factor into your business decisions. Competition comes from other insurance companies, financial institutions, and alternative risk management mechanisms. Global financial reform has also led to changes in the governance and regulatory environment, which has also affected the economics of the entire industry. The Sarbanes-Oxley Act of 2002 is, of course, a very significant issue for the industry – it has radically changed how insurers do business.

To compete in this dynamic and changing marketplace, insurance companies must stay focused on reducing costs and realigning their business lines to achieve a leadership position within specialized markets. bmc is well positioned to help insurance companies with these intricate issues. Our specialists have significant experience in working with major insurers on financial and regulatory reporting, mergers and acquisitions, tax management and cost containment strategies. Our seasoned professionals deliver results to a wide-ranging client base – mutual and public companies, life, health and Blue plans, and property and casualty – with a level of technical expertise that comes from years of experience serving the industry.

bmc’s insurance clients range in size from $30 million to $2 billion in written and assumed premiums. Our insurance specialists stay on top of matters affecting the industry through attendance at local, regional and national industry training seminars and conferences through organizations such as the PICPA and PAMIC.

bmc understands the challenges facing the insurance industry.

For more information contact:

Kenneth N. Hugendubler
Industry Leader
1-800-267-9405
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