Underwriting & Compliance Audits
Underwriting & Compliance Audits
For over 15 years, A.M. Associates Insurance Services Ltd. has been a trusted provider of audit services to Lloyd’s and Canadian Company markets.
Working in both English and French, we conduct underwriting and compliance audits in every region of Canada. Our experience and expertise span a diverse range of portfolios, including Livestock, Accident & Sickness, Aviation, Marine, Species, Professional Liability, Motor Truck Cargo, Logging and other specialty lines as well as the typical range of general commercial and personal property, liability and automobile risks.
For Lloyd’s markets and domestic markets with delegated underwriting authorities, we also review business history, financial results, trust account management, compliance issues, business insurance and systems, with a goal to present as complete a report as possible. For Lloyd’s markets, our scope both meets and exceeds the Lloyd’s standard underwriting and compliance requirements.
We are also pleased to offer tailored underwriting-focused reviews, which may include a review of underwriting standards and guidelines, underwriting tools, wordings, staff assessments, and analysis of underwriting results.
Benefits
- Canada’s largest insurance audit team, with expertise in both underwriting and claims;
- Consultants are Canadian: we know our territory and the regulatory environment;
- We are a bilingual team, able to work effectively in either French or English;
- Full compliance and underwriting reviews help you manage your business effectively and meet Lloyd’s stringent audit requirements;
- Site summaries are provided 3-5 business days after the on-site visit so that you are able to react quickly to any problems;
- Reports are delivered within 20 business days of the visit;
- Regular oversight allows you to address problems in a timely manner before they impact your underwriting results;
- The AMA audit team works cooperatively with your clients to ensure that each audit is an opportunity for constructive change.