Risk Retention Group Audit, Tax, and Advisory Solutions

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Johnson Lambert Knows

Risk Retention Groups

With our familiarity and deep involvement in the captive insurance industry, we have a rich history of working with risk retention groups for decades. Today we provide audit, tax, and advisory services to approximately 25% of the risk retention group sector.

Similar to our captive practice, we foster relationships with captive managers and RRG boards so that we can ensure efficiency, responsiveness, and a true partnership that benefits our RRG clients not only during the annual engagement period and throughout the year.

Services
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Services for Risk Retention Groups

We add value to our clients and their captive management companies through efficient engagements, knowledge sharing, best practice advising, and tailored synergistic and communicative approaches.

Audit and Accounting Advisory Services

Risk retention groups are unique entities that deserve an auditor who understands this sector and who will right-size the audit approach for every individual RRG. We leverage our experience from working with a significant number of RRGs, and we always listen to, learn from, and understand each client as we design our audit plans and deliver our audit services.

When accounting standards are updated, when the laws and regulations that affect RRGs change, or when your RRG is undergoing operational changes, a knowledgeable, caring, responsive, and committed advisor can make these challenges and opportunities easier to tackle. We enjoy working collaboratively with our clients to solve any problem, improve any pain point, or optimize any process.

As our RRG audit and advisory teams routinely work with similar organizations, our engagement team leaders are tuned in to industry happenings and hot-topics, and they are constantly educating and sharing pertinent information with both the Johnson Lambert team and our clients.

Audit and Assurance Services

Tax Services

Risk retention groups have specialized tax considerations and questions, and as such, they will benefit from working with Johnson Lambert’s tax team that works with many RRGs. The team will deliver the services and assistance you need in a timely manner, and they are available at any time throughout the year to provide guidance and answer your toughest tax questions.

Our tax services for risk retention groups include federal and state income tax preparation, preparation and review of quarterly and annual provisions, uncertain tax position documentation, taxing authority examination representation, tax planning and consulting, and more.

Tax Services

Advisory and Consulting Services

We offer a broad range of risk advisory and assurance services as well as technology and systems advisory services. Some of our service offerings are System and Organization Control (SOC) reports, ERM services, cybersecurity assessments, system implementation reviews, and more.

Consulting Services
Involvement
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Risk Retention Group

Investment and Involvement

Key Industry Group Immersion

Johnson Lambert professionals are board members, volunteers, speakers, and conference attendees for major industry groups, including NRRA, CICA, World Captive Forum, VCIA, SCCIA, TCIA, TxCIA, MPL Association, and more. The firm proudly sponsors these organizations and their events as well.

Award-Winning Practice

Johnson Lambert has been honored to receive the 2018, 2019, and 2020 US Captive Review Awards in the Audit and Accounting Firm category. We have been pleased to receive such recognition from the esteemed captive industry voting panel that determines this award.

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 agreement on key issues affecting insurance audit and attest matters.

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Leverage the Johnson Lambert Advantage

If your risk retention group is looking for a CPA and consulting firm with extensive captive experience, contact the Johnson Lambert team.