Kennedy Consulting Research and Advisory has named the Ernst and Young network as the leading provider of insurance consulting services globally.

The professional services network enjoys the highest growth rate of the 20 largest insurance sector consulting service providers and a seven per cent market share (based on 2011 revenues).

“Kennedy’s Consulting to the Insurance Sector 2012 documents that Ernst and Young’s global insurance network is well established to address clients’ complex issues by drawing on a broad range of services and global professionals for their market, as well as offering international and technical perspectives,” Ernst and Young’s global insurance advisory leader David Hollander said.

Ernst and Young country manager for Malta Ronald Attard pointed out that in addition to being ranked number one overall, Ernst and Young firms are the only insurance consulting provider to receive Kennedy’s highest capability rating of ‘very strong’ in all of the following insurance consulting capabilities: financial advisory, underwriting, actuary and risk, regulatory compliance, and firm-focused risk advisory services.