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 ...
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 ...
Banks, Insurers, Brokers, Asset managers are all in the business of selling promises. Money today for an outcome tomorrow. Financial Regulation is all about making sure that these financial firms keep their promises. The bigger the promise the more the ...
As part of the Lloyd’s Labs, CoVi Analytics has been helping compliance teams complete their Minimum Standard (MS) attestation template at a click of a button. Join us at the Lloyd’s lab Demo day on the 3rd of July 2019 and ...
“Call it a Compliance Manual and no one will read” … why do we call such an important set of instructions, such a discouraging name? “If you build it, he will come”, often misquoted as “they will come”, was the ...
Stop asking compliance teams “Why not?”, instead ask “What would it take?” and see the magic happen … Rather than asking “Why can’t it be done?” ask “Can we do it if we put these controls and monitoring in place?” ...
Why do compliance teams replicate in the business the very features they hate about regulation – ambiguity and dispersion? Ask a compliance person about their biggest frustration with regulation and they will be quick to point out how the rules ...
Are your business policies Swords – that cut to the point, or Shields that hide information behind layers and layers of text? Most Policy Suite “Armouries” out there are full of Shields that aren’t very useful in a fight against inefficiencies. CoVi Analytics can help ...
Earlier this year we formally launched our innovative approach to policy documentation suite Policy 2.0 and the response has been phenomenal. Clearly, this is a pain point felt by everyone in the business and not just the few that are ...
