Regulatory & Compliance Advisory
Change within the insurance industry is occurring at a relentless pace, driven by dynamic business models as well as new regulatory compliance requirements, and intense scrutiny. The pressure on directors, executives, auditors, and legal counsel has never been greater.
Navigant provides clients of all sizes with expert solutions and resources to address these increased responsibilities and new challenges. Our professionals include former regulators and industry leaders. With strong regulatory relationships in every state, we have tremendous access to all state insurance departments. We can help regulators understand and approve all that your company seeks to achieve. We understand insurance law and how it is to be applied and implemented, helping you avoid using a patchwork of law firms and consultants to solve problems. Our understanding of evolving international regulatory requirements and our role as an International Association of Insurance Supervisors “Observer” allows us to provide practical knowledge as to how insurance regulation works and how regulators think. We can handle day-to-day operating issues, help you adapt to market changes and avoid any pitfalls in dealing with regulators.
We know how to handle the structure, formation, and organization of an insurer, whether you need assistance with business strategy, identifying organizational requirements, redomestications or consulting services related to entering the insurance industry.
When necessary, we can help confront the difficult problems which arise when an insurer faces hard times, including the restructuring of a solvent insurer, litigation and expert advisory services to preparing responses to negative regulatory findings. Whether your company is seeking comprehensive solutions to imminent problems and immediate goals or planning for the opportunities of tomorrow, we can help.
