A U D I T S
Independent Audits
Underwriting Quality Audits are performed to verified the effectiveness of your underwriting system and are essential to:
To benefit your organization, our quality auditing not only reports non-conformances and recommends corrective actions but also highlights areas of good practice. We provide you with an independent opinion on whether the company's underwriting processes are free of error, and will express an opinion over the effectiveness of your internal controls.
ON THE RIGHT THING approach emphasizes on:
We may also be engaged to perform other agreed-upon audits, related to claims, or any other critical function of an insurance company, designing the audit strategy according to your specific needs.
- Identify the existence of objective procedures
- Assess how successfully your underwriting processes are been implemented,
- Judge the effectiveness of achieving any established target, and
- Provide a hands-on management tool for achieving continual improvement in your organization.
To benefit your organization, our quality auditing not only reports non-conformances and recommends corrective actions but also highlights areas of good practice. We provide you with an independent opinion on whether the company's underwriting processes are free of error, and will express an opinion over the effectiveness of your internal controls.
ON THE RIGHT THING approach emphasizes on:
- Strategy elements such as controls, job management, defined and well managed processes, underwriting guidelines, identification of records and performance.
- Competence, such as knowledge, skills, experience and qualifications; and
- Soft elements, such as confidence, organizational culture, motivation and team spirit.
We may also be engaged to perform other agreed-upon audits, related to claims, or any other critical function of an insurance company, designing the audit strategy according to your specific needs.