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Speakup policy

#PolicyThursday | Speak-Up

#PolicyThursday | Speak-Up or Whistleblowing Policy – which description do you prefer? We prefer not to use the word “Whistleblowing” given the negative connotation it has. Speak-Up, on the other hand, is a much better label, turning a dull but necessary ...
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Financial Crime Policy

#PolicyThursday | Financial Crime

Financial Crime Policy in 8 clear principles, a policy that otherwise has a tendency to spawn “Child” policies. In our experience, we have seen far too many examples where the Financial Crime policy focuses on the consequences of non-compliance (fines, ...
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#PolicyThursday | Business Continuity

We are kick-starting the #PolicyThursday series with Business Continuity policy in CoVi Analytics style. This policy highlights how CoVi Analytics’ unique approach distils a wordy document into succinct principles that are easy to maintain, communicate, implement and monitor. Business Continuity PolicyDownload Context: Policies are ...
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Get off the Policy Wheel

Do you feel that your Business Policy suite is one of your biggest operational overhead that adds no real business value? Consider this: regulated firms can spend between 4 to 12 weeks updating a business policy and taking it through ...
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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 ...