Auditing and Review
SX3 Auditing and Reserve Reviews incorporates the following services:
- Reserving / IBNR / Closures / Reopening
- Quality Assurance
- Reinsurance programs
- Protocol arrangements
We provide a wide variety of audit services, looking at process adherence, reserving, technical decision making, leakage and run off management. We give commentary on the performance, comparisons against market leading practices, feedback from handlers, managers and service providers, along with a full suite of recommendations for improvement – with quantification.
We have strong expertise in auditing reserving performance, looking at adherence to company philosophies, timing of changes, and accuracy through the lifetime of the claim. We can also look at dormant file management approaches, quantify the degree of reserve redundancy, and review closed files for the risk of reopening.
Process reviews, efficiency savings, frictional costs are all areas we have experience in. We can review your existing operation and your supply chain and develop a costed plan to improve performance and deliver objectively measurable savings.
+44 (0)7801 684 335