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Brown Plus was recently ranked one of the largest audit firms in the United States on AM Best’s list of the Top Audit and Actuarial Firms – 2023 Edition. PHOTO/GETTY IMAGES
Brown Plus receives top ranking by AM-Best
Listen to this articleCamp Hill-based Brown Plus was recently ranked one of the largest audit firms in the United States on AM Best‘s list of the Top Audit and Actuarial Firms – 2023 Edition.
“We are delighted by this acknowledgement from AM Best, reaffirming Brown Plus as having one of the foremost practices serving insurance companies nationwide,” said Ken Wolfe, president and managing principal. “The Brown Plus Insurance Practice is led by a team of exceptionally skilled and knowledgeable professionals who offer tailored, industry-specific expertise and exceptional service to our clients. I’m immensely proud of their dedication to helping insurers across the U.S. achieve extraordinary outcomes.”
Brown Plus said it was ranked the 23rd largest audit firm in the U.S. in 2023, based upon the loss reserves of the property and casualty (P&C) insurance clients served.
The firm has been ranked the 23rd largest audit firm in the U.S., based upon the loss reserves of P&C clients served, since 2021.
According to the total number of P&C insurance clients served, Brown Plus said it is now ranked the 11th largest audit firm in the U.S. This marks an increase in ranking, from being ranked the 14th largest audit firm based upon the total number of P&C clients served in 2022.
AM Best‘s Top Audit and Actuarial Firms ranking list focuses on independent accountants who audit insurers’ annual financial statements, as well as third-party actuaries who provide annual statutory actuarial opinions regarding insurers’ policy and claim reserves.
The Top Audit and Actuarial Firms ranking lists the top 25 firms in the U.S., based on loss reserves of P&C clients served.
According to AM Best, the firms that rank on the Top Audit and Actuarial Firms list “must understand statutory-based financial accounting. They also stay abreast of developments among regulatory bodies, particularly the National Association of Insurance Commissioners in the United States, to ensure compliance with current standards.”
