Tag Archives: Insurance agency auditing

Add Auditing to your E&O culture

As President Ronald Reagan was quoted many years, it was very important to trust but it was equally if not more important to “trust but verify”. This is where auditing comes in. Auditing is actually one of the top 5 … Continue reading

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Are you “trusting but verifying”?

When I bring up the issue of auditing to agency owners and management, oftentimes, I hear that there are just not enough hours in the day to handle this function. It is somewhat surprising that some will comment that they … Continue reading

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Celebrate your audit accomplishments

A thorough E&O loss prevention program should involve an audit process of some type. The objective is to measure the results of each employee against certain specific expectations. Oftentimes, this involves the various tasks contained in the agency internal procedure … Continue reading

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When was the last time you “audited” your insurance agency?

Do you have any mistakes in your files? In all likelihood, every agency has some errors in its files. Yet it’s hard to fix them because you’re unsure which files contain the errors. This is where the “auditing process” can … Continue reading

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Are you “auditing” your insurance agency?

From time to time, I receive e-mails / phone calls from agencies looking to start an audit process in their agency and they are not quite sure where to start. First, I commend these agencies for looking to take this … Continue reading

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