|
Policy Audit
Policy audits can take many forms to meet many different
specific needs. At Novus we know that the most frequently required
audits involve a review of inwards and /or outwards treaties to
focus on:
- Coverage consistency
- Period concurrency
- Wording standardization
- Coverage determination
- Wording definition/interpretation
- Difference in conditions
- Coverage gaps
In addition, we can perform a policy audit in order to create a
database to enable tracking of the above-listed items as well as
such features as broker summaries and market exposures.
|
