Program auditing and contract certainty

Understanding client coverage requirements and vetting existing program policy wordings and supporting documentation to identify gaps in cover, the feasibility of existing programs, and unaddressed risk exposures.

Existing programs are assessed against emerging trends and best practice as well as specific client requirements.

In addition to traditional program audits, IBH assesses the strength of the program in terms of claims payment likelihood. This includes elements such as:

  • Chains of communication
  • Insurer and Reinsurer qualifications and payment histories
  • Placement Design and Engineering
  • Emerging trends
  • Claims policies and procedures