Audit engagement
Binder File Financial Review
A targeted check of financial schedules inside a binder or coverholder submission when the full application audit is more than you need.
Who this is for
Coverholder teams and binder managers who need financial schedule integrity checked without commissioning a full underwriting application audit.
What we examine
Exposure schedules, bordereaux samples tied to the application, declared sums insured, and consistency between binder guidelines and the figures presented for the risk.
Deliverable
A short findings note listing material inconsistencies and questions for the coverholder file. Suitable as an attachment to internal peer review.
Next step
Request a binder file review with your pack size and class of business.