Audits, Inspections & Underwriting Reviews

Some of the key aspects to be considered in managing a business in run-off are: Audits, Inspections and Underwriting Reviews, as the organisation increases its focus on managing its liabilities. A key part of this process is to review existing contracts and claims, ensuring that they are valid and have been accurately applied.

Tawa has built an audit and inspection capability, which has proved invaluable in strengthening its clients' position with respect to both inwards business and reinsurance recoveries . Each review is based on an examination of the origin of the claim in the context of the contract, with the contract subjected to a desktop review and an analysis made of the contractual obligations, enabling claims to then be mapped against policyholder or cedant compliance.

Tawa can assist you in this area, using our practical experience of the market we offer a cost effective and pragmatic service to review your contracts and claims. We can work with you to determine where there is room for negotiation or, in extreme circumstances, opportunity to rescind contracts, giving your organisation choices in pursuit of its strategic aims.