Whilst financial service firms in general have faced challenges in recent years, for insurance, the list is especially long – but optimism should remain.
Deep and profound regulatory change, digital disruption, uncertain economic conditions, fierce competition for talent, unprecedented opportunity in emerging markets plus heightened customer expectations have formed a perfect storm of challenges for insurance firms – and that’s without considering the severe disruption that COVID-19 has caused.
However, for those willing to embrace innovation and transformation, both in people and emerging technologies, and take a proactive approach to just some of these issues, there is great scope to improve performance and drive long-term growth. This is particularly the case for those insurers willing to utilise flexible working models to maximise talent retention and also provide a personalised and human element to customer services in a sector increasingly driven by technology.
Our expert team have vast experience in helping insurers to navigate disruption, manage regulatory change and integrate technology to transform and achieve growth.
Rakesh is the Managing Partner and Group Chairman of MHA MacIntyre Hudson and MHA, as well as Chairman of the firm’s London Head Office and the Southern Region. In addition to his governance role, much of his time is devoted to business advisory work with a diverse portfolio of clients.
He is head of the firm’s Financial Services and lead Partner of Baker Tilly’s global financial sector team. Rakesh also leads on the firms work in the Natural Resources arena and with Listed Companies and Public Interest Entities.
Rakesh is the Reporting and Relationship Partner for two listed companies, a number of other Public Interest Entities, seven UK banks and the European arm of one of the largest banks in the world.
As a senior director of Baker Tilly International, Rakesh is proactively leading collaborative working between Baker Tilly International global offices.
Rakesh is a non-executive director of a listed Real Estate Investment Trust and Chairman of the Audit, Risk & Compliance Committee. Until recently he was also Chairman of the Risk and Audit Committee of the Chartered Institute of Taxation.
His all-round experience helps Rakesh advise clients from a wide perspective such as
Chris joined MHA MacIntyre Hudson from a large mid-tier firm where he spent the previous 20 years since graduation from university managing a range of internal audit clients across the Not for Profit and Charity sectors.
Chris has over fifteen years of experience operating at a senior management level in supporting his client to ensure they have in place an effective governance, risk management and compliance framework and supporting a number of them through a period of uncertainty and change. Chris is a strong advocate for the innovative use of Internal Audit to provide assurance over the effectiveness of their control environment.
Chris is an ACCA Fellow and has dedicated his career to Internal Audit since graduating in Economics from the University of York.Get in touch with Chris Rising
Shakeel Aslam joined MHA MacIntyre Hudson during the second half of 2021, and is a Fellow Chartered Accountant as well as a Fellow of the Chartered Management Institute with more than 25 years of Financial Services experience in the areas of governance, risk, compliance, internal audit and controls across banking, brokerage, wealth management and payment institutions.
He has previously worked with KPMG, Merrill Lynch and Grant Thornton and worked extensively on many international projects in the Middle East and South East Asia within Banking and Capital Markets.Get in touch with Shakeel Aslam
James joined MHA MacIntyre Hudson in December 2018 as Director & UK Head of Business Development for MHA Macintyre Hudson in the UK. His role includes driving lead generation, relationship building and new revenue creation across Audit, Tax & Advisory services Nationally & Internationally.
James works with all the service and sector lines with their go to market strategy’s but he has a specific focus on;
A team who fully understood our business, our objectives and ultimately a team who we felt we could trust and enjoy working with. Excellent advice throughout the negotiations. Would not hesitate to recommend them. Neil Hollingworth - SRBE Holdings Limited
Great team to work with; a great cultural fit with our business, knowing when to listen and when to take charge. The quality of professional advice and guidance throughout was essential in making this deal happen. Richard Anderson - Fenmarc Produce