End to end strategy management solution supporting effective risk based decision making at Insurer level in managing their portfolios, from on-boarding to day-to-day management.
- Assesses the suitability of agents in line with the Insurers risk appetite.
- Focuses on strategy, conduct risk and core underwriting principles.
- Approvals via Governance before formalising the binder agreement.
MGA Business as Usual
- Monitoring of agents performance in terms of risk appetite and management tolerances
- A key qualitative input into the ORSA process
- Internal audit management system aligned to risk category
- Remote audits and MGA self-assessment improves efficiency and reduces cost.
- Proactive monitoring of MGA adherence to key controls and compliance expectations
- Supporting the identification of individual and systemic control issues.
- Identification of individual and thematic issues
Provides monitoring of the potential capital effect relating to deviations to the risk profile
GDPR readiness assessment
Follow up based on a specific skillset
Monitoring the progress of the plan
On going compliance monitoring
BI based on audit, control and business as usual results.
Supports Microsoft Power BI