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Responding to new market dynamics - Ernst & Young - Russia

Responding to new market dynamics

Your industry faces increasingly complex regulatory issues — issues that challenge the way you manage your risk, operations and financial reporting.

Insurance companies come to Ernst & Young because they value our approach to meeting their assurance, tax, transaction and advisory needs. We don’t just know the issues, we’ve analyzed what’s behind them to understand the impact they have on you — and the way you do business.

The Global Insurance Center makes this possible by bringing together people and ideas from across the world, to help your business address the issues of today — and tomorrow. We can help you manage risks and make the most of opportunities in emerging markets.

Our network of professionals provides broad experience to deliver seamless, consistent, high-quality services to insurers. So you can operate your business more effectively — and understand what’s ahead for your industry.

Our approach
Our team approach has a multidisciplinary focus and combines assurance, tax, actuarial, risk management, transaction and technology advisory services.

Servicing insurance companies in the CIS
As a recognized market leader, Ernst & Young is keeping pace with the market, serving an increasing number of insurance companies in the CIS. Read more about our services.


Opportunities in adversity: accelerating the change for financial services organizations
In January 2009, Ernst & Young published Opportunities in Adversity, where we looked at how management was dealing with the implications of the downturn, and gauged the outlook for the future. In the past six months, we have carried out interviews with 125 financial services organizations with revenues in excess of US$100 million, as part of a broader follow-up survey of some 30,000 managers across industries worldwide. The financial services findings inform our following assessment of the ways in which banks, asset managers and insurance institutions are reshaping and shoring up their businesses today.

 

Second annual business risk report — insurance 2009
Global financial market events have created unprecedented challenges for the insurance industry. Risks are inherent in every forward-looking business decision and therefore, successful risk management should be an integral part of an organization’s strategy and operations. The economic downturn has taught us that the most important risks are the ones we did not see or anticipate. Read the top 10 risks most likely to affect the insurance sector during 2009.

 

Insuranse Lighthouse

Contacts


Anastasia Vinogradova 
Partner, Head of the Insurance Group in the CIS
Office: Moscow
Tel:    +7 (495) 755 9846
Fax:   +7 (495) 755 9701

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