Our approach is risk-based and our team is expert in identifying and testing the key controls and other risk mitigation strategies that clients have put in place. We provide value adding recommendations and have assisted clients in embedding risk management processes into their day to day operations. 

The next three years will be challenging. Just as insurers get to grips with Solvency II, they are going to be faced with a new accounting standard which will change the way in which firms account for insurance transactions. PKF is able to provide expert advice to help insurers face up to these financial reporting challenges.

The more robust governance framework required under Solvency II is causing firms to look at the way in which internal audit services are provided. Some firms are entering into partnership arrangements with firms who can provide expert resources on a co-sourced or outsourced basis to compliment in-house internal audit teams. PKF member firms offer this partnership solution.

PKF provide pragmatic advice to its clients in their dealings with all the regulatory bodies. When we identify regulatory breaches, we help our clients develop remediation plans and advise them as to how they should face the regulators. In addition, PKF specialists can act as s166 skilled persons.

PKF offer the full range of corporate finance services and have worked with businesses during all stages of their life cycle - from helping them during the start-up phase through to their subsequent listing.

PKF regularly carries out due diligence assignments and has been involved in a number of projects relating to insurance companies in run-off, brokers, and Lloyd's corporate vehicles.

PKF can assist in identifying funders who seek to provide finance to facilitate deals and advise businesses which are interested in carrying out transactions.

PKF have acted as experts in a number of high profile cases involving complex, technical insurance issues. In a market that is dominated by the 'Big 4' accountancy firms, we have few conflicts and provide a credible alternative.

The PKF tax professionals provide a full range of corporate and personal tax services. We understand the tax regime in all major jurisdictions and can advise on international tax structures.

Our indirect tax specialists offer IPT and VAT consulting services to both brokers and insurers. We regularly advise on the tax consequences of major transactions, such as acquisitions and disposals, to ensure unintended tax consequences do not arise.

PKF act for a number of multinational companies and, as more and more companies opt to appoint different firms as auditors and tax advisors, our services continue to be in demand.

PKF works with its insurance clients to find and apply the best, most cost-effective IT solutions. The team regularly performs risk-based reviews of IT operations, incorporating governance, strategy and planning, concentrating on areas where failure would have the greatest impact. They provide advice to enable clients to make informed decisions about their technology needs and the effective management of IT projects.