OPERATIONS SERVICES
We help firms with organisational change to operating models and methods of working.
Overview of Operations Services
We support regulated insurance firms as they respond and adapt to organisational change resulting from regulatory and market updates to operating models and methods of working, often against the backdrop of tight timelines and in situations where there are imperfect resources, knowledge or information. Our team is able to provide firms with advisory support, co-sourced or out-sourced resourcing support and training for your own employees, from junior to board-level.
What We Do
Operational resilience, efficiency and excellence is at the core of the services which we offer our insurance clients with our experienced individuals bringing a real depth of experience developing, implementing and assessing operational models from across a broad range of businesses in the insurance sector and from wider financial services backgrounds.
ICSR has considerable practical experience in, and can assist with, various operations matters such as:
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- Operational Resilience assessments and framework development;
- Development, review and implementation of operating models including controls to create greater efficiency and better controls for:
- Finance;
- Underwriting;
- Actuarial;
- Broking;
- Claims;
- Fulfilment and other client servicing;
- Complaints;
- Compliance, risk and internal audit functions;
- Outsourcing arrangements including framework and oversight;
- Support with Market Modernisation programmes, including Blueprint Two, where we offer some very specific services;
- Procurement services including preparation for bid tendering, tender review and evaluation, preferred bidder interviews and contract management.
Key Contacts:
If you would like to know more about the way we could help your firm, please speak with one of our Operations specialists.
Latest Operations Case Studies
Supporting The Client With The Delivery Of A New Governance, Service And Operating Model As A Part Of A Corporate Restructure
Board Effectiveness Review For Leading International Broking Firm To Support Its UK Growth Plans And Regulatory Compliance
Assist with changes to governance, capital model, risk, compliance, operations, claims functions and frameworks
Latest Operations Articles
ICSR Horizons Q3 2024: Our Quarterly Report For Senior Leaders
The Q3 2024 edition of Horizons, our quarterly report for senior leaders across compliance, risk and regulatory roles within insurance firms is now available. Download your copy now.
Blueprint Two: Proceeding With Assurance Activities
The Blueprint Two programme has published details of the artefacts now avilable in the data room to help market participants undertake their own due diligence on readiness ahead of the October 2024 planned cutover for Phase 1. Benoit Steulet and Claire King look at the next steps firms need to take to proceed with their own assurance testing.
ICSR Horizons Q1 2024: Our Quarterly Report For Senior Leaders
The Q1 2024 edition of Horizons, our quarterly report for senior leaders across compliance, risk and regulatory roles within insurance firms is now available. Get your copy.