The Israeli Insurance Practice

The Israeli insurance practice at Deloitte Israel delivers world class integrated professional advice to help clients make better informed strategic decisions. To do this, it draws on industry insight and knowledge from specialists in risk, regulatory, audit, assurance, corporate finance, consulting and tax.

The Israeli firm has completed several major projects for the Israeli Insurance Regulator and has consequently accomplished a good working relationship with the regulator.

The firm has gained strong positioning in providing risk services to the insurance market, including SOX compliance services, Internal Audit and Solvency II services.

Our solutions for the Insurance industry

Audit

• Audit and assurance
• Actuaries services

Risk management, Internal Audit and Regulation compliance

• Solvency II
• Internal control and audit projects
• Appointment as internal auditors
• Fraud and embezzlement surveys
• Risks surveys
• Compliance surveys
• An Examination of Risk Management
• SOX

IT internal audit and IT Risk management

• Risk surveys
• Compliance surveys
• Internal Audit
• Accompanying investigate of IT events
• Testing the effectiveness of controls at IT Processes
• Cyber policy guidance
• Testing the effectiveness of controls at IT Processes

Financial advisory services

• Due Diligence
• Valuations
• Purchase price allocation (PPA)

Management advisory

• Customer Relationship Management strategy
• Cost Reduction

Strategy services

• Accompanying the process of formulating a strategy for direct channels
• Setting strategic expansion growth engines
• Strategy formulation for one of the largest agencies arrangement in the country