Alex Barnes
Insurance
The insurance industry is going through fundamental changes with significant changes to financial reporting (e.g. IFRS 17), past and current changes to regulatory reporting and supervision (e.g. Solvency II), the use of and impact of technology on the way insurers operate and also the impact of climate change.
BDO can support our clients as they face these changes with the right mix of skills and expertise in the insurance sector.
We provide audit and advisory services to a wide range of national and international insurance groups. In addition, we have actuarial skills and deep experience in the valuation of life and non-life companies.
We are experienced in advising on regulatory, accounting, internal audit, compliance, digitalisation, cybersecurity and systems and control issues.
We can assist insurers with the implementation of IFRS 17 and IFRS 9, thanks to our expertise in the field and to participation in national and international working groups on the standards.
We offer insurers:
- Audit services
- Accounting advisory (including IFRS 17)
- Actuarial
- Internal audit
- Tax advisory
- Issuing of opinions required by law or special rules, for instance for mergers and other extraordinary corporate transactions
- Regulatory and compliance advisory
- Corporate finance
- Forensic and investigation services
- Advice on digitalisation and cybersecurity
- Sustainability