Insurance is a specialized discipline and highly regulated industry with complex issues.
Insurance companies partner with KEB to receive individualized attention and access to a dedicated accountant with detailed knowledge needed to navigate the insurance industry. Our team has a broad range of insurance entity experience, enabling us to help you anticipate customer needs and changing regulatory standards.
Our team works with life insurance companies, property and casualty insurance companies, and government entities that form cooperatives to share risks. We serve clients of all sizes — including companies regulated by the Securities Exchange Commission (SEC).
After gaining a complete picture of financial operations, we perform annual audits for our clients on a statutory basis, which are required by state governments, and on a GAAP basis for SEC reporting and upon client request. We also prepare tax returns and offer guidance on taxes and compliance.
In addition to our traditional accounting and auditing services, we provide general investigative examinations, assistance with acquisitions and mergers, and general business advice. We can help implement sound internal control systems, including the review of current internal audit programs and the development of new ones.
Government cooperatives often need a financial officer to serve in the accounting and treasurer function. KEB’s professionals can help provide accounting services, prepare financial statements for the board of directors, and offer guidance on the impact of investment management, cash management, and member equity returns.
Our team has a solid understanding of the regulatory standards and nuances that pertain to filing with the SEC, including how that differs in the state statutory accounting and reporting requirements. Because of our extensive work with insurance entities, our clients can benefit from the knowledge we’ve gained within these experiences.
KEB’s solutions extend beyond annual financial reporting obligations; through a long-term partnership, we can help guide you in streamlining your accounting procedures, improving your operations, and upgrading internal controls.