Management Services

GPW offers a wide variety of financial, tax and compliance management services tailored to our client’s needs. GPW serves many industries, specializing in automobile dealers, banks and finance companies with credit related reinsurance and managing general underwriters (MGUs) allowing these clients to participate in the underwriting profit of the business they produce. GPW provides a unique combination of experienced, talented personnel dedicated to ensuring client success through comprehensive turn-key management services from formation through operations and company wind-up.

Professional Financial and Compliance Management Services

  • New company formation
  • Preparation of SAP and/or GAAP financial statements
  • Preparation of Federal Income Tax returns and other required forms
  • Preparation of State Income Tax returns, if required
  • Facilitation to auditors and insurance department examiners
  • Preparation of domicile compliance forms and reports
  • Maintenance of corporate records
  • General bookkeeping services

Other Professional Services

  • Analysis and evaluation of different producer participation options including: bonus, experience refunds/retro commissions, and the following programs:
    • Producer Affiliated Reinsurance Company (PARC)
      • Controlled foreign corporation (CFC) electing US tax status
      • Non-controlled foreign corporation (NCFC)
    • Dealer Owned Warranty Company (DOWC)
    • Captive
  • Comparison of various administrator/insurer programs
  • Valuation of blocks of business and/or companies
  • Assistance in policy issuance
  • Selecting a fronting insurance carrier (if desired)
  • Preparation of the reinsurance agreements
  • Assistance with the negotiation of recaptures, bulk transfers and/or sale of remaining insurance liabilities
  • Assistance with IRS audits and issues
  • Expert Witness