Industry Expertise

Insurance Sector

Technical insurance audit, IFRS 17 implementation support, and actuarial-aligned advisory for underwriters, brokers, and reinsurers across East Africa.

Sector Overview

The insurance industry faces significant transformation — from IFRS 17 implementation to evolving IRA regulatory requirements. Our team brings specialised insurance expertise to audit, governance, and advisory engagements, helping underwriters and brokers navigate complexity and maintain stakeholder confidence.

Sector Challenges

  • IFRS 17 Insurance Contracts transition and implementation
  • IRA regulatory compliance and prudential reporting
  • Reserving adequacy and actuarial alignment in audit
  • Policyholder fund governance and investments oversight
  • Distribution channel governance and market conduct
  • Digital insurance and InsurTech risk management

Our Approach

1

Insurance-specialist audit teams with actuarial collaboration

2

IFRS 17 transition roadmap development and implementation support

3

IRA regulatory filing review and compliance assurance

4

Governance framework development for insurance boards

5

Risk management framework design aligned to IRA guidelines

Services for This Sector

  • IFRS Advisory
  • Audit & Assurance
  • Risk & Compliance
  • Governance Advisory
  • Internal Audit

Why CPA Otene

  • Experience across life, general, and composite insurers
  • IFRS 17 transition expertise from early-adopter engagements
  • Deep IRA regulatory knowledge and established relationships

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Explore our full range of services

Our advisory extends across audit, tax, governance, risk, and financial advisory — tailored to your sector's needs.