Site region
Global
Site region
Global
REPORT
2026 Private Equity AI Radar
After noticing anomalies in financial reporting and banking information, a real estate services aggregator realized that an offshore captive insurance entity set up on its behalf was fictitious. Management immediately required outside legal and forensic accounting assistance to investigate and remediate the issue and navigate the state regulatory reporting process.
As a result of FTI Consulting’s investigation and remediation efforts, the fictitious insurance scheme was unraveled, and the client avoided significant regulatory actions, fines and penalties. More importantly, policyholders were provided with alternative insurance and all claims were honored.
The company’s insurance agency segment was transformed from a troubled business facing regulatory investigation to an organization with regulatory, operational and strategic awareness that is well-positioned for growth.
FTI Consulting’s flow of funds analysis and insurance program replacement assistance ensured all policyholders were made whole.
The organizational structure was made more efficient with new guidelines for recruiting critical positions and a plan to transform poor-performing departments into informed and performance-driven teams.
We collaborated with outside counsel to conduct a robust investigation, producing a comprehensive report that outlined facts and proposed remediation efforts, which was provided to state regulators.
By replacing the company’s insurance program and managing the renewal process, we ensured stability for policyholders.
The team installed an interim Chief Insurance Officer to guide the insurance entities through the crisis.
Our experts developed a compliance framework and implemented a plan to ensure the company would continue to comply with regulatory reporting requirements moving forward.
See why FTI Consulting is the leading global expert firm for organizations facing crisis and transformation.
See how our expert-driven, industry-focused approach produces real results in an increasingly complex world.
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