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Working from Home

WFH – Manage Deliverables, not Time

One of the lessons I learnt very early on with CoVi Analytics when setting up a remote team was – Manage deliverables not time.  Far too often I see managers clocking in when their team members come into work, break for lunch ...
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Regulatory response Q1 2020

A balancing act for regulators

I suspect that some insurers, particularly health insurers, will be sitting closer to their 100% Solvency ratio (SCR) mark, if not below, in their SII Q1 reporting. Will be interesting to see how regulators across Europe react to that! Recent ...
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Should travel insurers reimburse holidays?

Did your travel insurer offer to pay you to cancel your holiday? As a minimum, travel insurers should inform their customers whether they are covered in an event of a lockdown. We are a little surprised that travel insurance companies ...
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oprisk-framework-Covi Analytics

Simplifying Op-Risk Frameworks

Why aren’t Op-Risk Frameworks simply – Know your ops (Controls), Test your Ops (Controls self-assessment) and Fix your ops (based on risk incidents). We have often seen risk teams describe Op Risk Frameworks with lots of flow charts, decision trees, ...
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Rollout Controls in Clicks not Months

Taking weeks and months to roll out a control across the group? Here is how you can do it in just a few clicks with CoVi Analytics! Got cross border operations and want to achieve operational efficiencies? MGAs with Appointed Representatives ...
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SMCR is about the Who

SMCR is about the WHO?

At its heart, the Senior Managers Regime (SMCR) is about identifying the WHO for responsibilities … get that right and the rest falls in place. If you are an intermediary and recently threw the kitchen sink at the SMCR to ...
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Is your Board Outward Looking

What is the key activity of a Board? If you are thinking Strategy; that’s an output, not an activity. Be outward-looking for two things – opportunities and threats. In Risk Speak, this translates to consideration of: #EmergingRisks – things on the ...
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CoVi Analytics - Managing Group policies across all jurisdictions centrally.

Adopt & Adapt group policies locally with minimal effort

Ensuring consistency in cross-jurisdictional operations, while still catering for local nuances is the biggest challenge for Group Ops (COOs) teams. We recently demonstrated to a North American insurance group how their group policies can be quickly adapted or adopted across ...