SAA Provides Key Analysis on Involvement of Private Equity Firms in Insurers

BELLINGHAM, Wash. - April 22, 2013 - PRLog -- In their most recent analysis, Strategic Asset Alliance (SAA) provides detailed insight on the recent involvement of private equity firms in insurers and how it is a potential problem for policyholders and regulators going forward (http://www.saai.com/category/blog/).

"The wolves have entered the insurance business in sheeps’ clothing. We now have to determine if their strategy of finding inefficiencies and taking advantage of them, in both the markets, regulators and rating agencies is a potential hazard for policyholders," Alton Cogert, SAA President and CEO, said. "And, those wolves are not about to tell us much more than is required by statute."

The report also explains how even with the National Association of Insurance Commissioners (NAIC) promulgated two versions of a Model Investment Law nearly two decades ago, neither has been adopted by enough states to be a requirement for state accreditation. Meaning, there are plenty of loopholes, if you are willing to find and utilize them.

With private equity firms surely to continue its involvement with insurers, now is the time to see what hazards they cold possibly bring to the markets.