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Katz, Sapper & Miller Acquires Noble Consulting Services, Inc.

October 4, 2021


Noble Consulting LogoINDIANAPOLIS — The CPA and advisory firm of Katz, Sapper & Miller announced today that it has acquired Noble Consulting Services, Inc., a national insurance regulatory consulting firm with a core expertise in conducting financial risk examinations and related services on behalf of insurance regulators. This acquisition reflects the continued expansion of KSM’s service offerings.

“For nearly 25 years, Noble has been highly regarded within the insurance regulatory community as a trusted advisor of the utmost integrity, and we’re proud to welcome Noble’s dedicated professionals into the KSM family,” said Tim Cook, KSM CEO and president. “While Noble will continue to operate as a distinct and separate business, there are meaningful synergies between KSM and Noble that will enable both groups to develop new business, share resources, and create new opportunities for employees. We look forward to continuing to grow together.”

“As the leader of Noble for the past six years, I’m incredibly proud of our team and all that we’ve accomplished together,” said Mike Dinius, CEO of Noble. “I’m also very excited for our next chapter with KSM, a firm that exemplifies the employee-focused culture and values that are so integral to Noble – teamwork, client service, and excellence.”

In addition to acquiring Noble, KSM has made significant strategic investments in its healthcare consulting and government advisory services over the past two years. KSM expanded its healthcare team in 2019 with the acquisition of Caskey & Daily, P.C., an Indianapolis-based tax and accounting firm; hired executive-level personnel to oversee its healthcare consulting practice in 2020; and launched a new government advisory practice in 2021.

Founded in 1997 and headquartered in Indianapolis, Noble is a full-service insurance regulatory firm offering deep expertise. Its 40 employees hold professional designations and credentials to provide a variety of services to insurance regulators, including financial risk examinations; market conduct examinations; reinsurance contract reviews; regulatory supervision, rehabilitation and liquidation services; investment reviews; cybersecurity reviews; and review of corporate governance, enterprise risk management, and own risk and solvency assessments (ORSA).

Noble will operate as a wholly owned subsidiary of KSM, maintaining its name and corporate office in downtown Indianapolis. Dinius will continue to serve as the CEO of Noble.

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