Following the success of their previous FSA Arrow Audit survey, Nimbus Partners have continued with a further survey focusing on preparation for Solvency II.
“The current regulatory environment for insurance companies and other financial institutions is increasingly focusing on risk mitigation and effective risk controls as part of the drive to increase consumer protection and capital adequacy levels. Regulation such as Solvency II is increasingly asking firms to document their core business processes, and also to evidence the controls they have against these activities.
If like most UK insurance firms you’re having to spend more effort on regulatory preparation and compliance, take part in this 3 minute poll – before March 26th 2010 – to find out where you stand compared to your peers. Respondents will be sent a summary of the results, which will be entirely anonymous.”
To take part in the survey, click here.