The FINANCIAL -- For the second consecutive year, KPMG International will be honored by Insurance Risk Magazine with its 2015 Insurance Risk Award for “Best Consulting Firm”.
Insurance Risk Magazine’s Insurance Risk Awards recognize excellence in risk management within the insurance sector. The magazine aims to reward “innovative thinking and ground-breaking approaches to solving the risk management challenges that face the industry.”
“It is a great honor to have Insurance Risk Magazine acknowledge the work KPMG member firm professionals do to help insurers further develop their risk capabilities,” said Gary Reader, Global Head of Insurance at KPMG International. “To receive this recognition two years in a row is a testament to KPMG’s commitment to helping insurers navigate an ever changing and complex business and regulatory environment.”
KPMG firms offer an array of insurance risk management services designed to help insurance organizations transform their businesses in a manner that can deliver sustainable change, enhance corporate strategy and build a strong risk culture, while improving financial performance and operational effectiveness, according to KPMG.
Insurance risk management is part of the broader Risk Consulting services KPMG firms offer, aimed at helping clients gain a competitive advantage by helping ensure they employ a single view of risk to enable optimization across their organizations and transform complex risk and regulatory issues into a competitive advantage.
“KPMG Insurance Risk professionals are challenged in this environment to help clients balance the growing risks insurance organizations face from an industry, operations, market, and credit perspective,” said Carl Groth, managing director, Financial Risk Management for KPMG LLP. “It requires exceling in not only addressing these risks across all aspects of an organization, but in also integrating risk management with performance management for clients.”