Webinar: Building and Maintaining an Effective Model Audit Rule (“MAR”) Program
January 28, 2025 | 12:00 – 12:45 PM EST (9:00 – 9:45 AM PST)
Webinar: Building and Maintaining an Effective Model Audit Rule (“MAR”) Program
The National Association of Insurance Commissioners’ (“NAIC”) Annual Financial Reporting Model Regulation 205, commonly known as the Model Audit Rule (“MAR”), requires that life and annuity, property and casualty, title, health plans and other insurance organizations that exceed certain thresholds of direct and assumed written premiums adopt auditor independence, corporate governance and internal control over financial reporting standards.
Building an effective MAR Program for your organization can seem like a daunting task. And once implemented, organizations are often challenged with maintaining a MAR program that reflects an ever-changing control environment, minimizing disruption to the business, while also providing value beyond compliance.
Join DLA’s experts for a webinar and Q&A session on January 28, to discuss key insights gleaned from the industry, including:
- An overview of MAR requirements and key areas of focus
- Lessons learned to implement and maintain an effective and efficient MAR program
- Best practices to assess redundant or outdated risk and control coverage
- Actionable takeaways to address the challenges noted above
Presenters:
Paul Higgins
Partner – Head of Insurance Practice & Chicago Office Leader
Paul Higgins is a Partner, Head of Insurance Practice & Chicago Office Leader, at DLA. Paul brings a wealth of leadership and expertise to enhance DLA’s internal audit offerings, including a specialized focus in insurance, as well as general financial services internal audit work. Paul has assisted more than 15 clients in their Model Audit Rule (“MAR”) and Sarbanes-Oxley (“SOX”) programs, encompassing activities ranging from the initial program setup to continuous program evaluation, rationalization/optimization and execution for both domestic and international companies. His expertise strengthens DLA’s capabilities within the insurance sector but also enriches the firm’s capacity to serve clients across the broader financial services industry.
Matthew Noffke, CIA
Managing Director – Internal Audit & Risk Advisory Services
Matt Noffke serves as a Managing Director in DLA’s Internal Audit group, based in Chicago. With over 14 years of experience in internal audit, risk management, and regulatory compliance, Matt specializes in delivering tailored solutions for the insurance sector. His expertise includes leading large-scale internal audit transformations, Sarbanes-Oxley (SOX) and Model Audit Rule (MAR) engagements, and enterprise risk management initiatives for both local and multinational insurance clients. Matt has a proven track record of developing innovative audit solutions, addressing complex regulatory challenges, and mentoring professionals to foster a world-class Internal Audit team.