In today’s business environment, insurance executives face unprecedented and complex issues – volatile markets, increased compliance demands, rapidly changing client needs, and others – that require more sophisticated risk management capabilities throughout the enterprise.
Insurers are reexamining how risk management can be transformed into a strategic and tactical capability to drive value by enhancing risk and capital-management approaches, embedding risk management capabilities throughout the business, and making better use of risk information in strategic planning as well as in day-to-day decisions.
Transforming risk management to drive enterprise value is a challenging undertaking that requires a trusted advisor focused on insurance industry challenges. KPMG’s Insurance and Actuarial Risk Management Advisory Solutions professionals – including former insurance company CFOs, chief risk officers, COOs, regulators, technology specialists, underwriters and actuaries – understand the industry and offer practical risk management advice on clients’ most challenging issues.
KPMG offers an array of insurance risk management advisory services designed to help insurance organizations undertake transformation activities that can deliver sustainable change, enhance corporate strategy and build a strong risk culture while improving financial performance and operational effectiveness.
KPMG’s targeted services can help insurance companies in the following areas: