Coverholder Audit Pty Ltd is able to review a coverholders' ability to comply with the responsibilities, scope and extent of a Delegated Binding Authority, Lineslip, Consortium (or any service company) promptly and efficiently.

Coverholder Audit Pty Ltd is also able to review & monitor :

• Local licensing and regulatory requirements, ensuring they are current.
• Underwriting criteria on predetermined rates, ensuring terms and conditions have been observed.
• Compliance in issuing insurance documentation.
• Appropriate standards are maintained in relation to collection of premiums and subsequent allocation to an insurance money account.
• Claim procedural delegation/authorisations under the contact terms have been observed.
• Resources - We will determine whether staff, IT and accounting are adequate for quality and sufficient for administrative and processing functions.

A prepared task listing will be e-mailed to you on request from which you can select what particular operations you would like to receive a quote on.

We will only complete tasks specifically requested by you in order to save you costs.

Should there be more than one managing agent contracting to a particular coverholder then costs for viewing general office procedures, processing functions and local requirements could be shared.