First Consulting
About
Grow your business with our experience at your side. For over 50 years, First Consulting & Administration has helped insurance entities achieve their growth and profit objectives by navigating risk and compliance issues in a cost-effective manner.
About
We Are Your Compliance Partner
Let First Consulting put its knowledge, experience, and reputation to work for you. Our team brings:
- A flexible service approach tailored to your needs
- Experience in Life, Health, Property, and Casualty lines of business in all states
- Award-winning experts in compliance
- Extensive relationships with state regulators
About
Co-Sourcing
At First Consulting & Administration, our flexible approach to regulatory and compliance assistance is much better described not as outsourcing – but as Co-Sourcing.
With Co-Sourcing, clients maintain a role in the process at whatever level is most appropriate for the specific company and project.
Briefly stated, Co-Sourcing with First Consulting involves the deployment of both in-house and outsourced resources in a manner that effectively leverages expertise and resources.
Co-Sourcing with First Consulting:
- Allows entities to maximize their efforts by delegating specific sub-parts of the total function while maintaining control of all projects.
- Enables compliance professionals to improve quality by functioning as the reviewer and not the doer.
- Makes it easy for a client’s staff to learn as the work progresses. Knowledge does not remain solely with an outside consultant, as it may when work is outsourced.
- Resolves the in-house staffing level dilemma. With First Consulting available to assist with peak workloads, organizations do not need to choose between staffing for such situations and missing opportunities because of regulatory or compliance backlogs.
Contact Us for more information on how Co-Sourcing can help your organization.
About
Talk to us when you encounter:
- New lines-of-business, products, or states
- Weak compliance processes/controls
- A shortage of existing knowledge or capacity
- Overload due to limited capacity
- Difficulty meeting internal or regulator deadlines
- Regulatory requirements that are new or complex
- Co-sourcing is preferred in lieu of full outsourcing
- Lack of strong relationships with regulators
- A need for associate training on compliance and governance topics
- New business formation
- Circumstances at risk for regulator scrutiny
- Compliance breakdowns resulting in missed objectives
- A need for lnsurTech or innovative product solutions
- Stakeholders that desire greater perspective on corporate governance and compliance
What Others Say
“The TPA manual is great, that’s why I thought of First Consulting.”
Griselle Chernys, President & CEO, PayerFusion
“I always enjoy your presentations. They are informative, and most of all understandable.”
Michele MacKenzie, Regulatory Compliance Analyst P&C, United Heritage Property & Casualty Company
“Thank you for completing your review in such timely and thorough manner. You don’t know how much we appreciate the attention you have given this project.”
Mike Gaisbauer, Vice President, Regulatory Compliance, Liberty National Life Insurance Company
“I wanted to send a huge THANK YOU for all the effort that you and your team put in to get so many states filed for us!!”
Patrice A. Doyle, PMP Senior Project Manager, Product Design and Management, Legacy Marketing Group
“…I appreciate how you approached the examiner. You and the rest of the FCA gang have been great partners of HCCL…”
Bradley Long, Assistant Vice President, Compliance, HCC Life Insurance Company A subsidiary of HCC Insurance Holdings, Inc.
“FCA has been a great partner during our peak filing times! We appreciate their flexibility, expertise and willingness to share their knowledge of SERFF processes.”
Helen Curry, Policy and Ad Filing Supervisor, Mutual of Omaha Insurance Company