Working in both English and French, we conduct underwriting and compliance audits in every region of Canada. Our experience and expertise span a diverse range of portfolios, including Livestock, Accident & Sickness, Aviation, Marine, Species, Professional Liability, Motor Truck Cargo, Logging and other specialty lines as well as the typical range of general commercial and personal property, liability and automobile risks.

We conduct claims audits on Third Party Administrators and Coverholders or MGAs who hold claim settlement authority. Our claims auditors are independent and objective professionals with no ties to claims management firms.

Run-off audits focus on underwriting practices and risks written immediately prior to the cancellation or lapse of a delegated underwriting authority agreement. Our analysis will include commentary on short- and long-tail liability exposures, if any, as well as an opinion on risk management issues that may impact results.

This specialized service will allow insurers to establish a confidence level in the quality of EQ data entry on risks written in these regions. The review compares EQ Sums Insured shown on policy documents with EQ Sums Insured reported on bordereaux and in EQ rolling aggregate reports. Actuaries may determine what the tolerance level is for errors in data reporting but we would suggest that anything higher than 5% should be of concern, depending on the values involved.

We provide detailed reviews of management and business operations as well as an assessment of the applicant’s underwriting and/or claims capabilities to assist in your decision making. Each pre-appointment review is customized to meet the requirements of the client.

We offer due diligence reviews of insurance portfolios for both brokers and insurers when an acquisition is being considered. These reviews are individually tailored to the specific requirements of the acquiring organization.

We provide clients with ongoing monitoring and assessment of underwriting quality across their portfolio through the completion of online file reviews. Working remotely, our consultants will review a wide cross-section of electronic underwriting files over a time period defined by the client. As part of the review engagement, the consultant is available for follow-up meetings with client underwriters for individual discussion of the review findings.

We are always interested in engaging in unique and specialized projects that draw on the experience and expertise of our team, deploying these talents to your advantage. Three examples: One day audit, ongoing audit and add-ons.