Claims, Underwriting and Service Provider Audits

Whether required as part of FSA (or equivalent) compliance requirements, contractually, or just as good business practice, the need for an independent specialist to review existing binding authorities and service agreements is paramount.

DCS Asia Pacific conduct regular underwriting and claims audits on behalf of London market insurers, where they have entered into delegated binding authorities with coverholders based in Australia and the Asia Pacific region. 

DCS Asia Pacific also conduct reviews of service providers, including but not limited to third party administrators, solicitors and adjusters.

DCS Asia Pacific provide:

  • Extensive experience having conducted underwriting, claims and service provider audits of coverholders and providers around Australia and the Pacific Rim on behalf of a number of London market insurers;
  • A unique reporting structure, tailored to meet the requirements of the London market and the parameters dictated by Lloyd’s, in addition to any specific demands of our insurer clients;
  • Significant cost savings by carrying out audits from our Sydney based office, saving the cost of any international flights and expenses; and
  • Competitive rates combined with comprehensive cross-jurisdictional experience.

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