A.M. Best Company

07/18/2025 | Press release | Distributed by Public on 07/18/2025 08:37

Best's Review Examines Insurance Accountants’ Challenges

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JULY 18, 2025 10:18 AM (EDT)

Best's Review Examines Insurance Accountants' Challenges

CONTACTS:

Patricia Vowinkel
Executive Editor, Best's Review
+1 908 882 1771
patricia.vowinkel@ambest.com

FOR IMMEDIATE RELEASE

OLDWICK - JULY 18, 2025 10:18 AM (EDT)
In its July issue, Best's Review reports on the issues that insurance accountants are facing, such as the ongoing remediation and implementation of IFRS 17. Staffing issues within the insurance industry have led to gaps that technology can't bridge as of today, according to Joe Kowalczyk, managing partner of Crowe LLP's insurance services. Additionally, insurers are depending on accountants to make sure new and updated tech platforms have the right controls in place, particularly around cyber and artificial intelligence. Read the article here.

Best's Review is AM Best's monthly insurance magazine, covering emerging issues and trends and evaluating their impact on the marketplace. Access to the complete content of Best's Review is available here.

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AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City.


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