 Reinsurance Services
Our uniqueness in the sophisticated fields of insurance and reinsurance stems from our extensive experience in dealing with intermediaries, brokers, pool managers, Managing General Agents and third party administrators. We have well over 25 years of experience in the insurance industry and more specifically, in the reinsurance industries. We are familiar with and have worked with various complicated business models and unique insurance programs, involving pools, fronting, specific program facilities, and offshore captives. Our experienced professionals can provide strategic accounting and consulting services to the insurance and reinsurance industries. These specialists have extensive experience in the contractual obligation of ceding companies, reinsures, and retrocessionaires and have extensive exposure to all types of treaty and facultative covers as well as London Market Excess covers. Our expertise does not stop with a thorough knowledge of accounting and consulting of this complex industry. Our technical staff can also create an automated system which will provide you with the ability to track underwriting information for each contract, as well as provide information for tracking losses, LAE, funds held and any commissions. We can integrate this management system with your accounting system. The management system would help in the billing and collections process of reinsurance recoverable. MSPC has a diverse client base including domestic and foreign insurance companies; reinsurance companies, regulatory bodies, reinsurance intermediaries (brokers and managers), MGA's and law firms. They are located throughout the United States, Europe and Bermuda. As a member of Moore Stephens North America, Inc., a part of Moore Stephens International Limited, one of the worlds leading consulting and accounting network, we are connected to 100 independent member firms with over 150 offices in more than 65 countries. Reinsurance administration can be quite problematic due to its complexity. MSPC has an experienced staff, well-trained in dealing with receivers, liquidators and state insurance departments. SERVICE LISTING
Our size and philosophy are different from other accounting firms. Our principals and managers spend a great deal of time on each engagement. This type of assignment benefits our client in two respects. First, it gives a more experienced person "on site" exposure and provides an excellent opportunity to critique the client's operations, allowing them to offer various recommendations to management. Secondly, the close supervision by principals allows our clients close contact during the course of the audit, which minimizes lost time to our clients. We strive to achieve quality performance with a minimum number of individuals needed to perform work. This ensures that each team member becomes highly knowledgeable and develops a comprehensive overview that results in answers that address specific problems. SUPERIOR QUALITY SERVICE MSPC prides itself on providing the highest quality professional service. The main characteristics that distinguish one licensed firm from another are experience, sophistication and service. The service you will receive will be responsive and timely. We understand our success is conditional on our clients - our goal is to help you succeed. We are confident that the service we can provide will be unparalleled compared to other firms. |
| Contact Joseph Corcoran, Principal-in-Charge, for more information on our Reinsurance Services. |
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