Overview of Insurance Practice | FTI Consulting

Overview of Insurance Practice

Forensic & Litigation Consulting

August 8, 2014

The FTI Consulting Insurance Practice, with over 100 professionals dedicated to the life, health and property-casualty insurance industry, is one of the world’s leading independent insurance consultancies. Our credentialed experts and consultants support insurers, reinsurers, brokers, captives, risk retention groups, banks, regulators, investors, other insurance providers, and corporations and their counsel with a full range of comprehensive services designed to protect stakeholder value and help our clients effectively compete in the global marketplace. We deliver services that address critical needs such as actuarial, business intelligence and analytics, claims, e-discovery, governance, regulatory and compliance, intellectual property, litigation, pension, performance excellence, risk and exposure management, and strategy.

Actuarial Consulting Services

Our Insurance Practice includes consulting actuaries who help solve the many complex and challenging problems facing our diverse base of insurance industry clients. Our credentialed professionals deliver the specialized expertise, experience, financial, technical and leadership skills to help resolve disputes, measure and manage risk, improve financial performance, and optimize opportunities.

Business Intelligence & Advanced Analytics

As global competition, risk exposure and public image issues increase, corporate executives, directors and other stakeholders are focusing more attention on the quality of business intelligence— accuracy, completeness, timeliness and relevance of information. Through our iSuite Business Intelligence and Advanced Analytics platform, (also available under a SaaS model), we deliver a rich set of capabilities that enable clients to improve data quality; gather and analyze external and internal information; and make timely decisions related to critical areas such as customer acquisition and retention, product portfolio optimization, underwriting and claims improvement, and liability and financial management.

Claims Reengineering and Risk Management

In an increasingly interdependent marketplace—with catastrophes, integrated supply chains, product recalls, and business interruption—class actions and myriad stakeholder issues have driven claims to new levels of complexity and uncertainty. Our claims specialists help clients address these challenges by analyzing loss potential and reserves, assessing and improving claims operations, and providing expert testimony and other litigation and dispute resolution support services.

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