Whether in consequence of risk identification and analysis, where a specific
area of business activity warrants high risk categorisation, or as a general
review of best practice throughout the business, the audit option provide an
in-depth consideration of current office procedure, competency levels and
quality management controls.
Once carefully evaluated, recommendations (where appropriate) will be
tailored to enable both business and client needs to be met through the focus on
the minimisation of risk, the improvement of quality and consistency, the
enhancement of client satisfaction and maximisation of individual performance
within identified core areas.
Through transparent implementation, best practice procedures will illustrate
a clear commitment to risk reduction/quality standards - not only to clients but
also to those underwriting business risk in all its forms.
Risk management auditing is an invaluable tool in the insurance broking
process, and assists risk managers in formulating risk control strategy within a
professional practice.