The Brown Smith Wallace Insurance Advisory practice serves the needs of insurance industry providers by offering specialized insurance accounting and tax consulting services.
In addition, for organizations purchasing insurance, we offer independent insurance consulting services to help guide you through the various options that are available to cost effectively meet the needs of your organization.
For the Insurer, we provide insurance and reinsurance companies with practical solutions and operational guidance to help you achieve your business goals while safeguarding sustainability in this unpredictable industry. We provide a full range of specialized insurance industry tax, audit, accounting and business consulting services. Our insurance industry clients include:
- Private and public insurance companies
- Private and public reinsurance companies
- Insurance agencies
- Insurance brokers
- Managing general underwriters
- Managing general agents
- Third party administrators
Ranked by A.M. Best as one of the top national insurance industry audit firms, and number one in Missouri, our 11 full-time, dedicated staff members constantly monitor new industry developments to deliver cutting-edge programs and industry best practices. We serve as your partner to help develop a sound and comprehensive business strategy.
For the Insured, our independent insurance consulting practice provides clients from all industries assistance in analyzing their insurance needs. We help you get the best insurance coverage for the best value. With the depth of expertise we offer, we are also able to serve as your on-call risk manager.
Excellent service, great audit firm.
Custom Disability Solutions
A division of Reliance Standard Life Ins. Co.
Paul K. Fields, Chief Financial Officer
Brown Smith Wallace provides us with detail-oriented, user friendly service as our outsourced internal audit provider. They’ve been very helpful in enhancing our controls with their internal control and operational recommendations. We have made particularly good use of their sampling resources and they have provided us with very helpful, independent support to our SOX compliance efforts. I am very impressed with the depth of their insurance industry knowledge, and I find them very approachable and easy to work with. They have demonstrated great flexibility in our dynamic environment.
Independence Holding Company
Paul Janerico, Vice President, Internal Audit
Brown Smith Wallace has been providing financial audits and tax consulting services for The Bar Plan for over ten years. Over that time, Brown Smith Wallace has been a very valuable resource for questions that arise from a financial, regulatory or business perspective. We look forward to working with the insurance practice team of Brown Smith Wallace.
The Bar Plan Mutual Insurance Company
Gregory H. Klaus, Chief Financial Officer
I have had the opportunity to work with the Brown Smith Wallace insurance practice, both audit and tax, for approximately ten years. Year after year they continue to provide outstanding service at a competitive price. They make the review and audit process easy because they are well organized and have years of experience in this industry. Their staff retention is strong, which has allowed the opportunity to build strong relationships while experiencing a very efficient audit and tax reporting process. I am thankful we have found a firm that understands our industry so well, and also sees the value in building and fostering relationships with their clients.
Julie Abel, CPA, Vice President and Treasurer
- New Disclosure Requirements for Short-Duration Contracts Issued by Insurance Companies on GAAP Financial Statements10.10.2017
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