Johnson Lambert LLP

Description of Product or Services you would like to promote in the Association:

Johnson Lambert LLP is one of the nation’s largest insurance-focused CPA and consulting firms, ranking as the 5th largest property and casualty auditor, according to A.M. Best’s “Top Audit and Actuarial Firms”, as featured in the December 2021 edition of Best’s Review. For 35+ years, we have focused on providing audit, tax, and advisory services to a nationwide client base, which today includes 500+ insurance entity clients. We also serve nonprofit organizations and employee benefit plans. Johnson Lambert is an independent member of DFK International/USA, a worldwide association of independent accounting and management consulting firms.

How does your product or service specifically target/benefit Program Administrators:

Amidst increased scrutiny of binding authorities by rating agencies or carriers and the interest in more oversight from Boards, audits of MGAs are becoming a necessary part of transacting business. With experience auditing hundreds of insurance organizations (including MGAs and similar organizations) for decades, we have a streamlined approach that utilizes digital technologies, efficient workflows, and low-friction information exchange with our clients. Furthermore, our audit programs are designed for MGAs and similar organizations, meaning they’re efficient yet thorough to meet the needs of rating agencies and other interested parties. Beyond these services, our MGA-focused tax team consults with clients on a wide array of issues and opportunities as well as provides tax preparation and provision services. We also provide cybersecurity assessment services.

What differentiates your product from others in the marketplace?

Johnson Lambert leverages its extensive industry knowledge to offer financial statement audit, SOC report, and consulting services optimized for Program Administrator/MGAs.