Corporate compliance requirements comprise seven key areas - legal, regulatory, company culture, policies and procedures, business standards, and ethical behavior, and market culture and customs. All of these are characterized by their inter-related, complex and dynamic nature.
The challenge faced by clients is to achieve enterprise compliance effectively without disruption to the mission and business objectives of the enterprise.
The FTI Consulting Insurance Practice helps clients meet this challenge by interpreting compliance requirements, identifying compliance issues and priorities, and closing any gaps in achieving compliance.
Our approach recognizes that most compliance programs have more commonalities in their structure than differences. Our insurance consultants apply their experience and expertise in leveraging these common structural components to create or enhance an overarching governance framework, with the information, processes, controls and reporting needed to effectively manage and achieve compliance.