Synergistic Solutions for Property & Casualty, Life, and Health Insurers

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Trusted Advisors

Invested in Your Success

The insurance industry is built on risk and return. Johnson Lambert provides audit, tax, and consulting services to 500+ insurance clients, giving them the information needed to make critical business decisions to better monitor their risk and return.

Industry involvement is important to us and the clients we serve. We are active in shaping accounting and financial trends, tax laws, industry regulations, and compliance requirements affecting the insurance industry. We use this expertise to share best practices with our clients and to educate our staff of all levels to have the knowledge and industry familiarity that enables efficient and client service-focused services. Our team members consider themselves insurance professionals as much as they consider themselves accountants and consultants.

Services
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Services for Insurance Entities

Through working with hundreds of insurance entities and our immersion in all aspects of the industry, we add value to our clients in efficient engagements that do not compromise on knowledge sharing, best practice advising, and tailored synergistic and communicative approaches.

Audit and Assurance Services

Our audit and assurance services for insurers include but are not limited to: financial statement audit; reviews; accounting advisory services; SEC compliance and reporting; agreed upon procedures; and SOC 1, 2, 3, +, and Cybersecurity SOC.

Our team understands the complexities and the integration of statutory and insurance GAAP standards that govern your organization. Our audit practice is built on the highest quality standards and open, ongoing dialogue. It is not overcomplicated with unnecessary bureaucracy, while still providing access to a depth and breadth of insurance-focused resources that build trust and add value.

Our Audit Services

Tax Services

Johnson Lambert has a dedicated tax team that works with insurance companies and uses its vast insurance experience and knowledge to aid our tax clients with everything from tax preparation to assistance with statutory and GAAP provisions to planning and executing tax strategies that best position your organization for the future.

Our tax services for insurance entities include federal and state income tax preparation, preparation and review of quarterly and annual provisions and related disclosures, FATCA and foreign bank report filings, foreign tax filings, uncertain tax position documentation, taxing authority examination representation, and more.

Our Tax Services

Advisory and Consulting Services

We customize our advisory and consulting services to meet your organization’s unique needs. The Johnson Lambert team offers a wide variety of consulting and advisory services that can support your organization wherever you are today. We strive to build a partnership with our clients that prompts strategizing and optimizing for the future.

Some of our service offerings are internal audit (outsourcing + co-sourcing), Model Audit Rule (MAR) readiness and implementation, System and Organization Control (SOC) reports, ERM services, cybersecurity assessments, system implementation reviews, and more.

Our Consulting Services
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Hot Topics

Know What's Happening

Johnson Lambert is dedicated to keeping you current on the impact of the Financial Accounting Standards Board’s (FASB) Accounting Standards Codification (ASC) 606, Revenue from Contracts with Customers (ASC 606). This white paper presents the most significant information related to […]

Delve into the critical elements of nonprofit board development with Marta Ferro, founder & president of Starfish Impact, as she shares insights on key skills for board members, the importance of a strategic and diverse roster, and the benefits and […]

Tax Matters: Tax Elections for Discount Bonds

The purchase of equity and debt securities can play a significant role in a company’s overall investment strategy but may have tax implications that should be considered from a tax planning perspective. The purchase of market discount bonds, in particular, […]

Involvement
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Insurance Industry

Investment and Involvement

AICPA Insurance Expert Panel

Johnson Lambert partners are consistently members of the American Institute of CPAs (AICPA) Insurance Expert Panel which brings together CPA leaders knowledgeable in the insurance industry to come to an agreement on key issues affecting insurance audit and attest matters.

NAIC Involvement

Members of the Johnson Lambert team, including both members of the insurance audit practice and the regulatory team who serve the needs of insurance regulators, attend NAIC meetings. We share what we learn in frequent, detailed reports featured in our Insights section of this website. We also have representation on the NAIC/AICPA Task Force.

Key Industry Group Immersion

Johnson Lambert professionals are board members, volunteers, speakers, and conference attendees for major industry groups, including IASA, AICPA, MPL Association, and more. The firm proudly sponsors these organizations and their events as well.

Webinars
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Featured

Webinars

November 16, 2023   |   2:00 pm - 3:00 pm ET

The Evolution of Auditing Loss Reserves: Prepare for New Requirements

Lauren Darr, CPA Partner, Johnson Lambert

October 31, 2023   |   2:00 pm - 3:00 pm ET

Beyond the Balance Sheet: Navigating Mental Health in the Workplace

Paul Preziotti, CPA Partner, Johnson Lambert

June 13, 2023   |   2:00 pm - 3:00 pm ET

Corporate Governance: Unleash Success Through Strategic Planning

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