Governance is the process of establishing requirements, roles, authority, responsibility, and accountability; communicated and actualized through policies, standards, processes and controls, and supported by the appropriate underlying culture.
FTI Consulting Insurance Practice helps clients create governance frameworks tailored to the individual regulatory program and its unique requirements. At the same time, we leverage the commonality found across various regulations to maximize client resources and achieve optimal benefit across the enterprise.
Our deep insurance industry and regulatory experience and expertise, combined with our program management skills, enable us to quickly assess the current situation and determine the most effective path to achieve optimal governance.
In addition, we have a track record of working with senior executives in developing enterprise-wide initiatives, bringing together appropriate resources, and communicating effectively to stakeholders.