Delivering value with strong internal controls
Strong internal controls are essential for compliance, efficiency and protecting your business. When controls are managed effectively, insurers can help ensure their reputation and assets stay secure while driving value.
However, implementing and monitoring effective controls is a resource-intensive process that needs to be supported by the right culture and talent. Let Wipfli help give your organization the guidance it needs with solutions and best practices tailored for insurers.
Why Wipfli?
Wipfli’s internal controls advisory for insurance helps you build a more risk-aware culture and gain insights into how to manage controls effectively.
Our experience in your industry-specific technology, assurance, audit and accounting needs helps us apply real-world examples to your business. We work with your team, discussing controls with process owners, testing for compliance and giving you practical guidance on improvements.
How we help you
Wipfli can help your organization navigate the complex requirements and resource-intensive processes involved in Model Audit Rule internal control compliance. Engage our industry-experienced team for support in:
- Evaluating and managing compliance.
- Financial reporting.
- Internal controls testing.
Wipfli can help you streamline SOX requirements with a seamless process. We start by identifying and testing your key controls over financial reporting and business processes. We then turn your SOX program data into insights, helping deepen your internal control knowledge and providing resources to help you fill technical and capacity resource gaps.
Develop an internal audit plan tailored to your specific goals and industry needs with Wipfli. Our internal audit team combines practical guidance and industry experience to help you choose the approaches and solutions that best fit your company. We can also work alongside your current internal audit team to augment their capacity or provide quality assurance reviews.
Wipfli’s IT general and application controls review can help ensure your organization’s IT controls operate effectively. Our team works with you to identify risks and provide actionable feedback so that you can be confident in your security.
Our team
Thomas J. Loring, CISA
As a senior manager in Wipfli’s risk advisory services practice, Tom Loring performs a variety of functions in internal controls, information technology (IT), and information security. He performs technology auditing in all areas of IT-related controls, including IT department organization and administration, daily operations, software change management, logical security, and physical security.
Carrie Connell, CPA
Carrie Connell began her career in audit in 2003 and today works in our risk advisory group with clients primarily in the financial services industry. She is experienced in both public and nonpublic financial statement audits, employee benefit plan audits, regulatory compliance audits and fraud and forensic accounting. On numerous occasions, Carrie has assisted de novo institutions in transitioning from an organizational stage to fully operational companies. She specializes in administering and performing Sarbanes-Oxley Section 404 compliance for accelerated filers and smaller reporting companies, FDICIA compliance and operational and financial internal audits.
Janice E. Harden, CPA
Janice Harden is an internal audit senior manager in the risk advisory services practice and has been with Wipfli since 2017 and has over 19 years of internal and external audit experience in public and private organizations. She assists clients with internal audit services and Federal Deposit Insurance Corporation Improvement Act (FDICIA) and Sarbanes Oxley Act (SOX) implementation and compliance.
Anna Kooi, CPA
Anna Kooi is a partner and leads Wipfli’s financial services practice. She has more than 20 years of experience in serving a variety of public and private clients in the financial services industry. Anna has advised clients ranging from startups to Fortune 50, bringing deep industry knowledge to the clients she services.
Client success story
Wipfli helped Cross Insurance reduce risk and increase its resiliency through disruption.
