Accounting Advisory for Insurance

Optimize operational finance at your insurance company

Financial services organizations and insurance companies are under pressure to reduce complexity and enhance balance-sheet and risk management — while improving reporting procedures and transparency. 

The experts at CFGI deliver a wide array of advisory services that can optimize everything from data management projects to finance transformation, risk management, tax structures, financial operations, IPOs and much more. 

How CFGI helps

We deliver solutions to complex problems. Some examples of the work we can do for your insurance company or financial services organization include:

Finance and accounting consulting

CFGI’s finance and accounting consultants do it all: provide reinsurance accounting and risk-transfer analysis, deliver technical accounting support, assist with policy documentation, lead or support finance transformation, and lend our expertise in the areas of IFRS 9 & 16, CECL (2016-13) and ASC 842 (Leases). We can also help design new processes and establish governance structures, assist and analyze vendor and systems selection, and provide support in hundreds of other areas of your finance and accounting operations. 

Project management organization

Our consultants and advisors can help you establish a centralized PMO function that aggregates and summarizes data from subsidiaries and project teams. This includes helping you develop project plans with clear milestones, standardizing reporting templates that will help you track the status of projects, produce management reports and organize project coordination meetings and more. We also serve as a liaison with local project teams, third-party consultants and auditors.

Internal controls and IT risk advisory

We can help you optimize control design and implementation for your existing processes and technologies, or we can assist with control design and testing for new systems. We can also help with user acceptance testing (UAT), process flows and documentation, internal auditing, Sarbanes-Oxley compliance and more.

Interim management and staffing

CFGI can deploy the personnel resources you need to succeed as you lean into finance transformation, or as you simply adjust and prepare for new accounting standards. We can provide an interim CFO and controller, interim SEC reporting director, FP&A managers, revenue accountants, reinsurance accountants and other experts. 

Valuation and tax 

We have the subject-matter expertise in house to perform derivative valuations and models. Our tax professionals can provide assistance with local tax regulations and standards, and much more. 


CFGI’s unique breed of consultants possess profound expertise in the areas of finance, accounting, taxes, risk, compliance and business strategy. From Fortune 500 enterprises to mid-market firms, we can help you turn the finance function into a strategic asset that will drive better business results.