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Laurence Voiculescu, CFE, ARM
Position:
Financial Regulation Supervisor
Address:
419 South 2nd Street
New Market, Suite 206
Philadelphia, PA 19147
Email:
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Phone:
916.220.2376
(optional)
Biography:

Mr. Voiculescu currently serves The INS Companies (INS) as a Financial Regulation Supervisor. He functions as an Examiner-in-Charge (EIC) and Senior Analyst on behalf of various state clients. He prepares first level, supervisory and peer reviews for financial analysis projects. In addition, Mr. Voiculescu serves as both a primary and supervisory level reviewer for own risk solvency assessment (ORSA) and corporate governance annual disclosure report reviews. Having reviewed a substantial number of ORSA reports for multiple state clients, he is expertly familiar with documenting the results of annual ORSA reviews, including key findings and concerns, and accumulating feedback for communication to the filing insurer or group, in accordance with the latest NAIC guidance, as well as leveraging the information for ongoing regulatory surveillance.

Prior to joining INS, Mr. Voiculescu served as EIC with the California Department of Insurance Financial Examination Division (California DOI), where he performed risk-focused examinations of insurance companies, assessing their financial condition, compliance, and propriety of operations. Before working with the California DOI, he was a Joint Powers Authority (JPA) Assistant Administrator for Alliant Insurance Services (Alliant), developing program operating budgets, reviewing financial claims and performance, assessing the needs of several self-insured JPA public entities, providing risk management consulting, and analyzing various commercial property/casualty client exposures. While at Alliant, Mr. Voiculescu assisted with developing coverage strategy and marketing initiatives for renewal and prospective property/casualty placements, including excess of loss and reinsurance, on behalf of large public entity clients. He also served the California Department of General Services Office of Risk Insurance Management Claims Unit, where he began his insurance career.

 

 

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