Our internal audit team has considerable experience which can be used to assist clients by:
- Providing independent assurance to management that internal controls operate effectively.
- Identifying value-adding opportunities that improve the effectiveness and efficiency of operations.
- Supporting internal audit teams in various Fairfax companies through the sharing of best practice approaches.
Our personnel provide practical business focused risk management services that can be readily embedded in day-to-day operations by:
- Sharing ready-to-go risk policies and frameworks
- Advising Fairfax companies on the implementation of tailored risk management processes that are effective yet administration-light.
The ffh compliance team can help clients navigate an ever-changing regulatory environment by:
- Advising clients on the impact of new insurance regulations and on the appropriate steps to achieve compliance.
- Providing a suite of compliance policies and frameworks that are tailored to specific client circumstances.
- Helping Fairfax companies to introduce a proportionate approach to compliance monitoring.