The advice you give and the recommendations you make as a broker come into sharp focus when a claim is made and any deficiencies stick out like a sore thumb. We have developed a new service that can help you “stress test” your policy recommendations.

What is stress testing?

We review a random sample of policyholder insurance portfolios to examine how the cover would stand up in the event of a loss.

What’s included in each review?

• Comprehensive review of existing policy contracts, schedules and other relevant documentation
• Consideration of extent and limitations of policy cover
• Identification of any potential deficiencies or limitations in cover
• Critical analysis and recommendation of any amendments that might benefit the broker client

The emphasis of our reviews is not to find fault with your recommendations but to offer you a view, or if you prefer audit, from a claims perspective.

Benefits

• You will be able to demonstrate to the regulator that you are serious about the quality of advice you offer to clients
• The reviews may highlight additional areas of coverage your clients may benefit from
• You may reduce the risk of claims disputes

We can offer this service as a one-off exercise or as part of a more systematic review.

More information

If you’d like more information about this offer or help on anything claims related contact one of the team today. Click here for all the contact information.