2021 Insurance Update Webinar: View Recording

CRI can help your insurance entity stay compliant.

Insurance companies keep themselves on track by complying with a variety of industry regulations. As these requirements become more complex, entities can gain an advantage by teaming up with financial advisors who have a good grip on the rules. Because CRI understands the layout of the insurance industry, we can help your company proactively plan around these directives.

CRI’s insurance CPAs provide a wide range of specialized services – from statutory audits to risk management consulting – that addresses our clients’ unique needs.

We derive our expertise from assisting entities such as:

Our team members are highly skilled at helping clients through industry challenges. In fact, we maintain an insurance regulatory practice that consists of specialized professionals, including Certified Financial Examiners (CFEs), Certified Insurance Examiners (CIEs), and Certified Valuation Analysts (CVAs). No matter what obstacles may be in your way, CRI can help.

As a HITRUST CSF Assessor, CRI can perform assessment engagements for clients seeking HITRUST Validation or Certification reports. We can also assist clients with the adoption of the CSF framework, implementation, and remediation efforts following adoption. Visit the HITRUST Alliance website for more information.

Solutions Simplified

Down-to-earth descriptions of our services.
Accounting & Auditing Services

Advisory Services

Business Support & Transactions Services

Employee Benefit Plan Services

Governance, Risk & Assurance Services

Services Also Available for Insurance

NAIC IT Assurance Services

Providing assurance over complex IT systems requires the right blend of insurance industry-specific skills and technical knowledge of insurance systems and applications. Our IT audits & assurance team has an extensive insurance industry background, which provides the business knowledge needed to quickly and effectively assess your entity’s product and service offerings. We blend that insurance industry experience with technical skills – enabling us to understand even the most complex systems. Our team members holds a variety of pertinent designations, including:

• Certified Information Systems Security Professionals (CISSP),
• Healthcare Certified Information Systems Security Professionals (HSICCP),
• Certified Information Systems Auditor (CISA),
• Certified in the Governance of Enterprise IT (CGEIT), and
• Certified in Risk and Information Systems Control (CRISC).

Our credentialed professionals provide your organization with assurance in any environment – from mainframe to cloud to workstations and servers.

NAIC IT Risk Assessments

Today’s insurance IT systems are complex. The National Association of Insurance Commissioners (NAIC) realizes the value of identifying vulnerabilities and mitigations. And their risk assessment and audit procedures reflect that realization. Our NIST-based IT risk assessments are customized to your IT operations and designed to provide insight and focus related to IT assets and mitigation strategies. Our IT professionals transform this complicated and NAIC-anticipated task into an understandable tool for identifying and mitigating cyber and IT risks.

Risk-Focus Statutory Examinations & Market Conduct Examinations

Our insurance regulatory practice team is experienced in utilizing the National Association of Insurance Commissioners (NAIC) Financial Condition Examiners’ Handbook risk-focused examination approach and the NAIC Market Regulation Handbook approach. During this process consideration of numerous factors, which are required to be tailored for each examination, should be incorporated into the examination process.

IT Audits & Assurance Services

Tax Services