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Audits and inspections: a matter of risk management?

Risk management and audits don't generally go together. Michael Cook of Navigant Consulting explains why the two are not mutually exclusive

Risk management and audits and inspections are rarely seen in the same sentence let alone the same article. The majority of audits that are carried out in the world of insurance, and especially

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Storm damage claims test insurers’ settlement choices

A year of severe storms has strained repair networks and claims operations, which Ben Blain, head of property at Verisk Claims, points out has placed insurers’ settlement decisions, data oversight and ability to evidence fair customer outcomes firmly under the regulatory spotlight.

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