How we were able to provide our client, a small personal lines insurer, with a tailored service that met their audit requirements
The background
Our client was a small personal lines insurer, looking to outsource aspects of their internal audit process.
Our solution
-
We agreed a proportionate 3-year rolling audit plan covering all the in-scope areas.
-
We engaged pragmatically with the business, tailoring our approach to be proportionate to the size and nature of their operations.
-
We worked collaboratively with the function areas we were reviewing to discuss and agree necessary improvements and sought their buy-in to timescales.
-
We provided clear and concise reporting, providing assurance and recommendations to the board.
The results
We were able to provide our client with a tailored service that met their audit requirements. They particularly appreciated our collaborative approach to agreeing management actions.
