Saslow Lufkin & Buggy, LLP have extensive experience in three defined areas of business: insurance, healthcare, and employee benefit plans. We invite you to explore our areas of expertise.
   Insurance       Healthcare       Employee Benefit Plans   

Insurance
 Saslow Lufkin & Buggy is one of the leading providers of accounting, tax and business consulting services to the traditional and alternative insurance marketplace. We provide statutory and GAAP basis auditing and tax services to -

  • Traditional Insurers
  • Risk Retention Groups
  • Risk Purchasing Groups
  • Mutual Insurance Companies
  • Reciprocals
  • Single Parent Captives
  • Association and Group Captives
  • Public Entity Risk Pools

We currently represent insurance companies domiciled in Vermont, Washington, D.C., South Carolina, Hawaii, Arizona, New York, Rhode Island, Pennsylvania and Massachusetts. Many of these organizations are subsidiaries of Fortune 500 companies with headquarters located throughout the country.

Our insurance company Taxation Group provides tax return preparation services to many of our audit clients. We also assist with structuring captives (on-shore and off-shore) to assure compliance with current IRS rules on insurance company tax qualification and to help minimize tax consequences. We can also provide small company Section 831(b) and Section 953(d) planning services.

In addition to the recurring auditing and tax compliance services that we provide, we also have performed the following consulting services for our insurance clientele:
  • Assistance with the implementation of the Sarbanes-Oxley requirements.
  • Technical accounting consulting on both a GAAP and Statutory basis.
  • Tax planning and consulting.
  • Review of insurance systems installations, which includes underwriting, reinsurance, claims and general ledger.
  • Review organizational structure of entities to make recommendations necessary to achieve long term business objectives while minimizing tax liabilities.
  • Review of insurance company operations to increase productivity, workflow and efficiency.
  • Audits and consulting services to ancillary entities and employee benefit plans.
  • Performance of internal control reviews.