We identify and analyze your exposures and evaluate your risk management and insurance program to determine whether your assets are adequately and cost effectively protected.  You receive assurance that your risk management program is up to current standards and benchmarks and that best practices are being followed.

The scope of services involved with a Program Audit typically includes:

• Identification, prioritization and quantification of exposures to loss. This step typically involves onsite meetings with key personnel to discuss operations, review of pertinent business contracts, and evaluation of prior loss experience.
• Program review to identify potential duplications or gaps in coverage.
• Evaluation of the appropriateness of coverage limits.
• Confirmation of reasonableness of pricing and retentions.
• Recommendations for improvement on current insurance and risk financing program and/or improvement on risk management policies and procedures.
• Possible preparation of educational material for senior management on findings and overall program design.