ParenteBeard Ranked 17 in A.M. Best Review on North American Insurance Auditors and Actuaries

ParenteBeard is ranked 17 among all U.S. insurance company audit practices, based on net written premiums in 2010 of certain of its clients.  This ranking appears in the annual A.M. Best Company review (Best’s Review – January 2012) of North American Insurance Auditors and Actuaries and is based on an a review of the 2010 Annual Statements for those insurance companies that  are rated by A.M. Bes.

A.M. Best Company is the leading provider of ratings, news and financial data for the insurance industry worldwide and Best’s Review is its highly regarded monthly insurance industry magazine.  Rankings are recognized as the benchmark for assessing the market share of insurance industry service providers.

“We work collaboratively with our clients to address their business challenges and opportunities,” said Ken Hugendubler, ParenteBeard’s insurance industry leader.   ”With the challenges in the insurance industry including continued soft underwriting market, challenging investments performance, poor claims experience and the need to control expenses it’s imperative that we provide the knowledge, skills and expertise to deliver a comprehensive range of solutions to our clients.”

ParenteBeard’s insurance industry practice provides timely, professional and cost-effective attestation, accounting, regulatory, risk management and tax services to its clients.  ParenteBeard is also dedicated to working with various industry associations and state insurance departments to ensure that strong and consistent standards and policies prevail in the industry at large.

About ParenteBeard
ParenteBeard is ranked among the top 25 accounting firms in the U.S. A leader in providing CPA and business advisory services to small businesses, middle market companies, nonprofits and SEC registrants, ParenteBeard has 1,100 professionals located throughout the Mid Atlantic region. As an independent member of Baker Tilly International, ParenteBeard is proud to provide the highest level of service to clients nationally and internationally.

For more information, please visit www.ParenteBeard.com.