Governance, risk & assurance

Our team's depth and breadth of experience with the insurance sector allows us to offer an unparalleled range of advisory services, from conducting health checks on your governance structure to advising and supporting corporate transactions. For more details please see a summary of our key advisory services below.

Internal audit

Internal audit plays a crucial role in the insurance sector. Specialist knowledge is needed in many complex areas, such as Solvency II, risk and capital modelling and actuarial, are required to ensure knowledge gaps do not arise. Clients turn to our internal audit specialists for a coordinated and tailored service. We draw on a diverse skill base, which is able to deal with the complex and ever changing needs of the insurance industry. 
Regulatory compliance
Our regulatory and compliance experts, help clients with applications for authorisation or varying of permissions, supervisory issues, prudential matters, regulatory reporting and ad hoc requirements. 
Risk & capital
Insurance companies globally are at the dawn of a new era. Managing risk and capital driven by risk-based regulations such as the EU Solvency II regime is becoming not only mandatory, but also vital to the survival of individual firms competing in an ever-changing environment. Moore Stephens' risk and capital advisory team has the depth of knowledge, experience and foresight to help you gain competitive advantage.

IT assurance
IT is critical to the insurance industry, both in the accuracy and appropriateness of data and to ensure the security and availability of systems. The effective governance of IT is crucial if insurance firms are to maximise their investment in IT and ensure that IT delivers real value, as well as avoiding problems which negatively affect customers, reputation and profits.

Corporate governance
Governance in the insurance industry is, and will continue to be, an area of increased regulatory focus from the PRA and FCA. Understanding both the regulators’ and your other stakeholders’ governance requirements takes time and knowledge. Our consultants have a deep range of both regulatory and insurance industry experience. We can offer practical advice and support in building an effective governance framework or provide your organisation with the external assurance needed by your board over your existing framework. 
Transaction support
Our insurance experts work closely with our Corporate Finance team on a wide variety of transaction support services. We combine insurance sector insight with a strong track record in making corporate transactions happen. Our dedicated industry specialists deliver expert advice and support throughout the deal process, helping to keep transactions on track.