QUALITY ASSURANCE

RISCS CWC QUALITY ASSURANCE

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A captive is a dynamic insurance business and should be looking at opportunities to maximise value to meets its parent company's needs. It also needs to be mindful of complying with changing legislation and governance requirements.

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Quality Assurance is a key element of a successful captive. It is important that from the first tentative discussions about a captive to its creation and thereafter throughout its lifecycle, a captive has access to the very best advice, service providers and advisers. As the captive grows, so does its need for robust independent assessment of all operational and underwriting aspects to ensure service excellence.

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​RISCS CWC's Quality Assurance brings together the ​various operational, risk management and governance review strands over a captive's lifecycle be it reviewing service providers' performance metrics, assessing underwriting targets, considering new exposures, determining whether to evolve in other ways, checking and enhancing compliance and governance performance and actioning policy novation or captive closure. 

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All of these services are available within RISCS CWC Quality Assurance and include:

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Captive Health Check

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Captive Evolution & Product Innovation

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Managing Change In A Captive's Strategy

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Internal Audit

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