Whether we’re navigating compliance issues or lessening tax burdens, MCM has extensive experience serving clients in the insurance industry. Because of our knowledge of this highly-regulated and complex industry, we understand its specialized accounting practices and needs. Our national base of clients includes insurers, agencies, re-insurers, regulators, third-party administrators, captives, and self-insureds.
Navigate insurance compliance legislation through our comprehensive prescriptive framework. We are intimately familiar with the penalties for breaking compliance regulations, and we’ll make sure you stay in the clear.
Prepare your financial statements carefully and proactively for your next internal or external audit with our Insurance Services Team. We’ll review your previous financial statements to locate any problem areas so you can be in the best possible position to mitigate risk in the future.
Maintain regulatory compliance and stay in the clear through our expert analysis and reporting. We understand the highly-regulated and complex insurance industry and we’ll strive to provide you a thorough report of how you can adapt your business practices to adhere to state and federal laws.
Engage with our distinct SAP and GAAP accounting practices when your company prepares for its next audit. Our Insurance Services Team will provide you the necessary materials to navigate your next audit and tax cycle effectively.
Identify opportunities and anticipate challenges successfully as you continue self-funding your insurance plans. We’ll step in to analyze your company’s self-funded insurance plans for any costly errors.
Trust our third-party administrator perspective when we offer an audit of your self-insured reimbursement materials.
Operate at the highest level of efficiency with the help of our Insurance Services Team. We’ll step in to make sure your services reach the quality threshold your company demands.
Focus on your Accountable Care Organization while we manage the ins and outs of your financial responsibilities.
Published 03/06/2023
Every organization is looking for a way to achieve their goals more quickly and efficiently. However, most organizations are not harnessing the tool that can help them do just that – data analytics. Data analytics is the processes of...
Published 02/27/2023
The Tax Cuts and Jobs Act (TCJA), passed in 2017, limited taxpayers to a $10,000 maximum deduction of state and local taxes for Federal tax purposes. This ‘SALT limitation,’ as it would be widely known, impacted taxpayers that itemize...
Published 02/09/2023
Beginning January 1, 2023, not-for-profit organizations will be required to utilize Form NP-1, Nonprofit Sales Tax Exemptions Certificates, instead of Form ST-105. The new Form NP-1 will only be available through the Indiana Department of...
