Saslow Lufkin & Buggy is one of the nation’s leading providers of accounting, tax and business consulting services to the property & casualty insurance industry. Our senior professional staff have devoted their entire careers to serving the insurance industry, specializing within both the traditional and non-traditional insurance markets.

We provide STAT and GAAP basis auditing and tax services to 200 insurance companies domiciled in over 20 states. Some of the types of entities we serve are as follows:

  • Traditional Insurers
  • Risk Retention Groups
  • Risk Purchasing Groups
  • Mutual Insurance Companies
  • Joint Underwriting Associations
  • Reciprocals
  • Single Parent Captives
  • Association and Group Captives
  • Public Entity Risk Pools
  • Assigned Risk Pools
Our single parent captive client list includes some of the country’s most prominent Fortune 500 companies. They represent a broad cross section of industries including manufacturing, high tech, media and communications, transportation, healthcare, retail, construction, financial services, energy, agriculture, real estate, pharmaceutical and consumer products.

In addition to the recurring auditing and tax compliance services that we provide, we also perform the following consulting services for our insurance clientele:
  • Technical accounting consulting on a GAAP, Statutory and International basis of accounting
  • Performance of internal control reviews including SAS70 reporting.
  • Federal income tax planning and consulting;
  • Consulting and opining on the structuring of captive insurance companies;
  • IRS Private Letter Rulings and requests;
  • Consulting on both GAAP and Statutory technical accounting issues;
  • FIN 48 analysis, opinions and assistance;
  • Assistance with preparation of both GAAP and Statutory tax provisions;
  • Reinsurance and loss portfolio transfer consulting and planning;
  • Reorganization compliance, planning and assistance;
  • Consulting on liquidations, dissolutions and runoff of captive insurance companies;
  • Consulting on mergers, acquisitions, and redomestications;
  • 831(b) tax planning (small insurance company election);
  • IRS penalty abatement assistance;
  • State income tax preparation, consulting and planning; and
  • Review of internal control processes surrounding all tax aspects.