INSURANCE MANAGEMENT

Acumen provides the following to Insurance Companies (including Captives and Sidecars) registered in Bermuda: 

Assistance and advice with incorporation and insurance registration process

Co-ordination of tax, banking, auditing, actuarial and legal representation

Preparation of financial statements in accordance with GAAP and tailored to meet individual client reporting requirements

Complete Statutory Financial Returns

Coordinate audit of GAAP financial statements and Statutory Return

Liaison with auditors, actuaries, bankers and corporate administrators

Assistance with setting up and monitoring security requirements – e.g. letters of credit or reinsurance trusts

Coordinate annual shareholder meetings including the preparation and presentation of meeting booklets