Internal Audit
for Solvency II

Effective Internal Audit in a Solvency II Environment: Enhance risk management and compliance with our comprehensive internal audit services tailored to the Solvency II framework, ensuring efficiency and regulatory adherence.

A new approach to
coverholder management

Integrating information to demonstrate the value of delegated authority.

SII Compliance
Made Easy

Facing challenges with the SII framework? Braven offers simplified strategies to ensure your business meets SII standards and achieves success.

Business Consulting
& Innovation

At Braven Consulting we deliver simple and constructive advice. Taking advantage of the drivers that make our clients businesses unique, we help them identify what is important and why, allowing them to influence their business to achieve success.

We work closely with our clients to build meaningful relationships and individual solutions. We understand the value of effective advice to support effective decision making and how practical information can support leadership teams to make a difference and deliver tangible benefits.

people-working-desk

Markets we work in

The insurance industry is facing major transformations driven by the need to deliver greater operational and capital efficiency in a highly regulated environment.

We support general and life insurance companies operating in a diverse range of markets (Lloyd’s, Company market and Friendly societies) and distribution channels (broker, coverholder and service companies) through adding value assurance and consulting services.

We work with our clients to identify opportunities across business models, operations and strategies to deliver practical and commercial gains that translate into meaningful competitive advantages whilst minimising risks.

What We Do

For those involved in the insurance industry the past few years have been full of change and uncertainty across a wide range of fronts impacting the industry. SII, the change to the twin peak regulatory regime and conduct risk, have increased the demand for more insightful and clear assurance information to help insurance specialist to deal with the changing environment.

We have worked closely with our clients to provide a single source of assurance and consulting solutions across a range of services. Focusing on risk management, assurance, technical review and project management our main objective has been to help our clients in highlighting opportunities to focus their decision making processes on those areas that could potentially impact their strategy and day to day business management.

Our practical approach has helped us establish and maintain long lasting relationship ensuring continuity in our clients risk management frameworks, Business as Usual implementation of SII and internal audit needs.

Our Services

Coverholder Management Audits

Comprehensive audits to enhance coverholder management practices, ensuring compliance and efficiency.

Assurance Services

Independent assurance services tailored to your needs, providing valuable insights and mitigating risks.

Enterprise Risk Management

Holistic approach to identify, assess, and manage enterprise-wide risks for informed decision-making.

Internal Audits and IT

Thorough audits combining expertise in IT systems to optimize controls and improve performance.

Solvency II

Specialized support for Solvency II compliance, including risk assessments and reporting.

Project Management

Efficient management services for successful project delivery, optimizing resources and timelines.

Governance

Comprehensive frameworks and strategies to enhance transparency, accountability, and compliance.

Technical Reviews

Rigorous reviews of claims processes to enhance efficiency and customer satisfaction.

Who we work for

Our portfolio is diverse and covers a wide range of insurance industries varying in size and complexity. We work closely with entrepreneurs creating some new propositions to Lloyd’s, some of the largest and most successful managing agencies in the Lloyd’s market, large insurers in Europe, as well as medium and small size financial mutual’s, brokers and coverholders to help them find a suitable balance between risk and control to derive commercial gain. Our experience in this range of clients and markets has made us aware of the importance of working with our clients to highlight and embrace their unique characteristics to apply practical methodologies to design tailored made solutions to deliver value for our clients.

Market Insights