International Consulting Services

The International Consulting Services Division has staff that has worked for both the insurance and reinsurance sectors as well as regulators who are former senior staff at U.S. state insurance departments, Chairs of National Association of Insurance Commissioners (NAIC) and International Association of Insurance Supervisors (IAIS) working groups, attorneys, modeling and pricing actuaries and senior technical consultants who have assisted the World Bank, IMF, Asian Development Bank and the IAIS. We recognize the global pressures that both insurers and regulatory authorities face. The insurance industry is in a constant state of flux. It is difficult for both regulators and insurers to keep up with the ever-changing landscape of emerging risks and regulations needed to address new risks. Internationally active insurance groups must navigate a complex web of jurisdiction specific, regional, and international laws, standards and guidelines. There is a need for the marketplace to maintain adequate transparency, uniformity and oversight. Our experience extends to working with all stakeholders of the changing international strategic landscape and offering common sense solutions to developing an effective and efficient insurance sector. The International Division has significant experience in providing technical assistance to insurance markets in Africa, Asia, the Caribbean, Europe, North and South America in strengthening resilience and sustainability of the insurance sector. Our firm as a whole believes that the phrase “Inclusive Growth” is not impossible to achieve. Our team’s expertise can help domestic or international governmental organizations address the following types of projects:
  • Disaster Risk Financing
  • Environmental, Social and Governance (ESG) Ratings
  • Sustainability in the Insurance Sector
  • Micro-insurance/Micro-finance Opportunities – Financial inclusion and capacity building in emerging economies.
  • Stress Testing Methodologies
  • Development of On-Site Inspection Frameworks
  • Training and Supervisory Capacity Building
  • Group Supervision
  • Addressing International Regulatory Initiatives (e.g. ComFrame, ORSA, ICS, NTNI, HLA, G-SII assessments)
  • Expert Witness
  • Valuation of Insurers
  • Troubled Companies and Financial Impairments
  • Administrative Supervision and Receiverships
  • Mergers and Acquisition Advisory Services
  • Operational Reviews
  • Liquidity Management
  • Evaluation of Internal Controls and Corporate Governance
  • Supervisory Reporting Frameworks
  • Actuarial Modeling
  • Independent Analysis of Self-Assessment and Peer Review to IAIS ICPs
    • Legal Framework Analysis
  • Gap Analysis, Supervisory Review and Reporting Framework
  • Development of Early Warning Systems
  • On-Site Inspection Procedures
  • Statutory Reporting and Data Collection Process
  • Macroprudential Surveillance
  • Holding Company and Related Party Transactions

DIVISION LEADERSHIP

Bryan Fuller, CPCU, ARe, AIE, MCM

Director