Life insurance protects us and our families from financial losses that could result from our deaths, or the deaths of our loved ones. With many different types of life insurance policies to choose from, individuals can feel peace of mind knowing their finances will be protected in the devastating event of a loss of life.
For all the good they do to safeguard our communities, life insurers deserve to partner with advisors who specialize in insurance, helping them with tax advisory and compliance so they can remain successful. With a deep understanding and passion for serving the insurance industry, the Brown Plus Insurance Practice is a leading provider of tax and business advisory services for life insurers across America.
What Types of Life Insurance Companies Do We Serve?
We provide tax and business advisory services to companies that provide the following types of life insurance across the country:
- Burial Insurance
- Term Life Insurance
- Universal Life Insurance
- Variable Life Insurance
- Whole Life Insurance
Our Practice tracks the information shared by the National Association of Insurance Commissioners (NAIC), the Insurance Accounting & Systems Association (IASA), the Insurance Tax Conference (ITC), numerous state insurance departments and the Internal Revenue Service (IRS) to stay up to date on the latest progressions within the insurance industry.
What Services Does Brown Plus Provide for Life Insurance Companies?
Life insurers rely on Brown Plus to provide the following advisory and tax services:
- Business Valuations
- Corporate Governance Annual Disclosure Consulting
- Cybersecurity Assessments (NAIC Data Security Model Law) and Education for Board Members
- Human Resources (HR) Consulting
- Litigation Services
- Outsourced Accounting Services
- Representation with State Regulators and/or AM Best
Why Should Life Insurers Choose Brown Plus for Tax and Advisory Services?
With over 30 years of experience serving the industry, Brown Plus is an esteemed provider of tax and advisory services to life insurance companies. We are experienced at streamlining complex financial processes and ensuring accurate financial reporting, helping life insurers facilitate data-driven and strategic decision-making. By providing our insights into market trends and risk assessments, we help insurers optimize their capital allocation, improve their operational efficiency and, ultimately, increase their long-term profitability.
Our Practice tracks the information shared by the National Association of Insurance Commissioners (NAIC), the Insurance Accounting & Systems Association (IASA), the Insurance Tax Conference (ITC), numerous state insurance departments and the Internal Revenue Service (IRS) to stay up to date on the latest progressions within the insurance industry. When regulations are announced that impact life insurance companies, we share them quickly with our clients through our Brown Plus Insurance Newsletter. Industry updates are also provided annually at our Insurance Webinar.
Is your life insurance company seeking a highly qualified accounting and advisory firm that specializes in the insurance industry? Contact Brown Plus to learn more about our services today!
Brown Plus provides services nationwide with a concentration of clients in the Mid-Atlantic region. Our offices are located throughout Pennsylvania and Maryland.