Kenneth M. Weine is a Director at FGMK. He has over twenty five years’ experience advising regulators, insurers, and counsel on compliance, internal audit, and financial and market conduct matters. This includes new regulations including ORSA and the corporate governance regulations. He also assisted companies managing their enterprise risk management process. Companies included P&C and Life/Health.
Kenneth has extensive experience assisting insurance departments. He assisted the NAIC’s Risk Assessment Working Group in drafting the risk-focused changes to the NAIC’s Financial Condition Examiners Handbook and co-authored the NAIC Receiver’s Handbook chapter on claims. He also assisted in changes to the Market Conduct Examiners Handbook. He oversaw the first risk based financial examination in the U.S.
Kenneth has consulted for insurers on technical issues related to key activities including financial reporting, claims, underwriting, and reinsurance. He also assisted insurers on improving internal controls, corporate governance, and risk assessment capabilities.
He has extensive examination experience including assisting insurers in undergoing examinations and demonstrating how controls adequately managed risk. Kenneth also trained and prepared executive management for undergoing examinations. He has helped companies reduce fines and remove findings.
Kenneth has a Bachelor of Arts in Economics from the University of Illinois, Urbana-Champaign and a Master of Business Administration, Finance from Indiana University, Bloomington. He is Chairman of the Insurance Forum Committee, retired member of the Board of Directors for the International Association of Insurance Receivers and a member of the Society of Financial Examiners, Institute of Internal Auditors and Association of Insurance Compliance Professionals.
FGMK is a Chicago-based assurance, tax and advisory firm. For more than 40 years, FGMK has recommended strategies that give our clients a competitive edge. As a leader among the top Regional Accounting firms in the Midwest, FGMK is ranked one of the 10 largest accounting firms in Chicago by Crain’s Chicago Business and is amongst the 100 largest accounting firms nationally. Our clients include privately held businesses, global public companies, private equity firms and entrepreneurs. Our value proposition is to offer clients a hands-on operating model, with our most senior professionals actively involved in client service delivery.
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