Ranked 24th largest audit practice in the U.S. serving the property and casualty industry per the 2015 A.M. Best Special Report: Insurance Auditors & Actuaries of North America.

As an A.M. Best Ranked practice, the BSSF Property and Casualty (P&C) Insurance Audit team is one of the largest auditors in the Mid-Atlantic region to service the insurance industry. Our offices in Central PA give us access to clients in Pennsylvania, New Jersey, Maryland, Delaware, and New York. Our insurance clients range in size from $1 million to $150 million in direct premiums written.

The insurance team is comprised of seasoned professionals and specialists that provide a full range of audit, tax, and advisory services to the property and casualty insurance industry.

Our team members have extensive knowledge of the unique and complex financial demands of the industry. We have significant experience with statutory accounting principles governing the insurance industry and generally accepted accounting principles (GAAP) which are specific to the industry. Our team of insurance tax specialists is well versed in the unusual aspects of insurance taxation at the federal and state levels.

We monitor the activities of the various state Insurance Departments, NAIC, AICPA, and IRS to keep abreast of current developments affecting the insurance industry. We communicate significant new developments to our clients and are available to help them assess the impact of such developments on a company’s statutory and GAAP financial statements, financial and tax reporting, or operating procedures.

BSSF also provides various management consulting services to the insurance industry. We have worked with various entities in the financial services industry providing strategic planning, CFO outsourcing, bankruptcy reorganization, merger and acquisition, captive management and capital modeling, and planning services.

The following is a list of specific insurance services we provide:

  • Statutory and GAAP audits
  • Statutory annual and quarterly statement preparation
  • Federal and state tax return preparation
  • Tax planning
  • Reinsurance analysis
  • Strategic planning
  • Accounting, consulting, and financial modeling
  • Agency audits
  • Due diligence
  • Corporate compliance reviews
  • Regulatory consultation
  • Financial analysis
  • Mergers and acquisitions
  • Management advisory services
  • Representations with state regulators
  • Representations with A.M. Best
  • Speaking engagements for insurance industry groups

Contact BSSF today and find out more about our services!