Corporate Insurance Audit

Helping you to get the right cover in place

If you have an existing international insurance programme, an independent audit can help to establish whether you are enjoying the best value for the right cover.

When we audit clients’ international insurances, we often find companies are inadvertently overpaying for cover that is simply not required. Similarly, we find some clients do not have the cover they need to call on, should things go wrong. We quite regularly manage to improve the scope of cover and reduce premiums, without changing providers.

We can audit your existing cover to ensure you meet contractual requirements for cover like Contractors All Risk, Public Liability, Employers’ Liability and other specialist or local stipulations.

What does an audit involve?

Our fully confidential, no obligation audit will look at your current arrangements with any of the international insurance companies across most types of cover, including Group Medical, Life, Personal Accident, Disability and Dismemberment insurance, International Liability insurance, Group Income Protection insurance and other specialist insurances for people, assets or liabilities in high-risk industries or high-risk locations.

Our audit will typically look at:

Scrutinising existing cover including the limits, terms and conditions
Benchmarking benefit levels and premiums with other providers
Making recommendations based on experience

Improving your international insurance cover

Our recommendations might include renegotiating better value with existing providers or designing a bespoke policy through Lloyd’s of London to enhance your cover and reduce costs.