Adams, Jenkins & Cheatham CPAs

AJC stands out for its deep expertise in providing auditing, tax, and advisory services to the insurance industry and its related service providers.

With nearly four decades of experience, AJC has built a strong reputation for supporting a diverse range of insurance clients throughout the Mid-Atlantic region, and beyond.

The firm’s extensive client base includes group self-insurance associations (GSIAs), public entity governmental risk pools, property and casualty insurers (both stock and mutual), risk retention groups (RRGs), health maintenance organizations (HMOs), as well as onshore and offshore captives and segregated captive cells. These clients represent a significant portion of AJC’s audit, tax, and advisory practice, highlighting the firm’s specialized focus on the insurance and risk-based sectors.

AJC’s prominence within the insurance industry is particularly notable in Virginia, where the firm provides services to over 80% of all municipal liability pools and workers’ compensation group self-insurance associations licensed to operate in the state. This deep industry knowledge, coupled with the firm’s long track record of success, enables AJC to offer unparalleled expertise and guidance to insurance entities, ensuring their financial health and regulatory compliance.

We Can Provide The Following Services For This Industry Category:

  • Preparation of statutory filings
  • Detailed risk based capital forecasting, budget preparation and cash flow analysis
  • Loss portfolio transfers
  • Detailed loss development and other actuarial analysis
  • Rate analysis and review
  • Special assessments
  • Creation and design of deficit elimination plans
  • Creation and implementation of surplus distribution programs
  • Consultation related to design and creation of various captive entities
  • Consultation related to real estate acquisition and financing alternatives
  • Consultation related to organizational design and related structures
  • Insurance entity mergers, liquidations and dissolutions
  • CFO/controller services
  • Detailed review of investment performances
  • Interviewing, recommending and selection of investment managers
  • Research and recommendations associated with various tax issues
  • Year round tax planning and consultation
  • 831(b) elections
  • Multistate tax issues and concerns
  • Benchmarking analysis
  • Administrator, management and employee compensation review and analysis
  • Employee benefit plan audits

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