FTI Consulting's Global Insurance Services practice partners with clients to help them overcome their most pressing business challenges, whether from regulatory changes, financial uncertainty, changing customer behaviors or emerging technology. Our services are designed to address disruptive issues, manage risk and opportunity, improve profitability and provide lasting value, supporting the strategic requirements of boards and senior executives.
About FTI Consulting's Global Insurance Services
Global Reach
We support clients domestically and internationally with a team of almost 100 skilled professionals located in key U.S. and European insurance markets and operating as part of our 7,000+ global employee network.
Multidisciplinary Teams
We are home to world-class, award-winning economists, valuation experts, and communication specialists, as well as former senior insurance executives who understand the challenges confronting our clients, having successfully dealt with many of these same issues themselves. Our teams offer deep, first-hand experience and practical industry knowledge across management, financial, operational and technical functions, including infrastructure, data management and analytics.
Align with Objectives
We combine our business and technical acumen and deep experience to deliver insights and perspectives that ensure our engagement results align with and support business strategies and objectives.
Supporting Broader Needs
We draw on our wealth of expertise and experience to support broader client needs, such as defining appropriate transformation strategies, initiating and completing transactions, managing dispute valuations, communicating effectively with stakeholders, navigating complex regulatory requirements, and uncovering and addressing risks and opportunities to enhance overall business value.
WHERE WE CAN HELP
We don't just know insurance – we live and breathe it. Our seasoned experts draw on their deep understanding of the industry's operating and regulatory complexities to offer services and capabilities critical to client success. Our approach is to formulate and execute strategies and plans, transferring knowledge, solutions and best practices to deliver immediate, measurable and sustainable benefits and value.
Actuarial Solutions
We offer a full range of actuarial services to help clients measure and manage risk and exposure, uncover and quantify opportunities, develop profitable products, optimize financial functions, and achieve desired arbitration and litigation results. Our key services include:
- Actuarial due diligence and opinions
- Asset liability management
- Appointed actuary
- Arbitration and litigation expert witness testimony
- Capital modeling and solvency review
- Actuarial model conversions and implementations
- Pension and transaction valuation and de-risking
Advanced Analytics & Data/Digital Solutions
Our team of experienced data and analytics professionals includes data scientists, actuaries, actuarial modelers and business domain experts with in-depth knowledge of insurers' challenges, aims and operations. We help insurers leverage internal and external data and analytical technology to maximize business value and minimize business risk. Our services also span conventional predictive modeling applications where traditional data is combined with process optimization using new sources of behavioral data. We also have proprietary techniques for the classification of outlier problems such as fraud that are assisting insurers where traditional analytic and reporting techniques have failed.
Business Transformation & Performance Improvement
Today's insurance companies are facing marketaltering influencers that are having a profound impact on their business models. Our team provides genuine end-to-end, hands-on business transformation capabilities, from strategy confirmation to program execution and sustainable benefit delivery. As former practitioners with deep insurance industry experience, we provide a relentless focus on tangible value and are invested in the success of our clients. We assist clients in achieving their most critical business objectives by combining our industry expertise with process engineering and fit-for-purpose analytics to improve operational effectiveness and financial results.
Governance, Internal Audit & Controls
We help our insurance clients respond effectively and efficiently to evolving risk profiles and rapidly changing regulatory requirements. We create service teams with the optimal balance of industry, governance and control, information technology, and data analysis skills to address the unique needs and risks of each client.
Litigation, Dispute Resolution & Claims Consulting
Our team includes recognized insurance and reinsurance leaders with proven records of success in delivering complex litigation expertise and testimony for all types of cases. With a full understanding of the litigation technology and process lifecycle, as well as arbitration and court proceedings in major venues, our experts have continuously demonstrated the ability to meet the demanding expectations of industry clients and their legal advisers. We offer services that address client needs starting from the initial pre-filing or inquiry and investigation through resolution and postresolution monitoring.
Mergers, Acquisitions & Restructuring
As a recognized leading global M&A advisory firm, FTI Consulting partners with buyers and sellers to deliver needed support across the entire insurance M&A lifecycle. Our insurance team applies data-driven insights to inform due diligence, post-acquisition restructuring and integration, strategy development and planning engagements. We also partner with our clients to create and manage exit strategies, liquidations and receivership programs.
Risk, Regulatory & Compliance
Our risk, regulatory and compliance experts help clients comply with the specific requirements of each regulatory program that applies to their businesses by developing real-world governance frameworks and conducting internal effectiveness audits. We help clients proactively address the complexities and impacts of regulations by leveraging existing enterprise infrastructure and analytics to provide a path forward for compliance and continuous financial and operational improvement.
Strategic Advisory
Ever-changing risks and market disruptors are challenging insurance boards and executives. Our team assists key stakeholders in challenging and rethinking their business models to effectively compete and improve financial and operational performance. We combine strategic thinking, effective hands-on experience and innovative solutions to identify growth channels and new market opportunities.
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