Benefit from a review that creates value and security
Expertise, industry experience and the use of the latest technologies - these are the cornerstones of our efficient and high-quality audit. In order to gain the trust of their stakeholders in the capital market and of customers, it is crucial for insurance companies to rely on security and transparency. We are convinced of this.
Industry expertise builds trust and security
We are aware that we have a great social responsibility. That’s why we see integrity and independence as the foundation of our work. In doing so, we rely on our experience and comprehensive industry expertise, which enables us to gain an in-depth understanding of your business model and market environment as well, including regulatory challenges. This is a cornerstone of our audit.
We not only identify and analyse the financial and operational value drivers of your business. We can also provide you with valuable insights - and prepare them for you in a targeted manner.
It is not only in direct audit work that you benefit from our comprehensive know-how in all audit-related matters. You will gain access to a team of experts in collaboration with insurance companies, particularly in the area of accounting and regulatory matters, and who are bundled under the leadership of our Centre of Competence Insurance.
Increased transparency and valuable insights through new technologies
Technology is becoming increasingly important in the insurance industry. Therefore, we invest in innovative tools that make our audit even more valuable to our customers.
By using data & analytics, our actions become more tangible. For example, our modern communication platforms such as KPMG Clara promote transparency and efficiency in the cooperation between us and our clients. Very pragmatic and always at eye level. In addition to the cross-team application of uniform standards, this also ensures that you have an overview of the status of the audit and the current issues at all times.
Most importantly, we let your data do the talking - be it in the context of identifying risks at the beginning of our review with Dynamic Risk Assessment, or performing the full independent post-assessment of your portfolio of financial instruments with iRADAR, or performing numerous automated review and analysis routines focused on your underwriting. This includes tools to review your life and health insurance portfolios as well as tools to quickly and efficiently calculate best estimates for your property/casualty portfolios. Our state-of-the-art reporting to the board of management and committees with our communication format “Audit Insights” builds on this. The results of our audit are clearly summarised for you and placed in the appropriate context. Always with the aim of creating transparency and trust - and providing you with valuable insights beyond the audit opinion.
We are convinced that our audit will comprehensively support you in the successful monitoring and management of your business entity - and at the same time strengthen the confidence of investors, the public and other stakeholders in it.
Because security, trust and transparency are important to us. Please get in touch with us!