All Safe Risk
Facility Association Risk Sharing Pool Underwriting Compliance Audit Service & Ethidex Governance, Risk and Compliance
Facility Association Risk Sharing Pool Underwriting Compliance Audit Service & Ethidex Governance, Risk and Compliance
All Safe Risk (ASR)
We are a Risk Sharing Pool (RSP) underwriting compliance audit consultant serving insurance members across Canada. Our expertise lies in identifying ineligible risks ceded to the RSP before the Facility Association audit. By partnering with us, your company can save money and reduce the impact of system sweeps—such as premium adjustments, prior experience reports, and backdating—that drain organizational resources.
The Technical
Our team brings years of experience in auto underwriting and FA RSP compliance (Premium). We can replicate the audit procedures and reporting standards used by FA auditors, ensuring your organization stays ahead of the RSP compliance review each year. By partnering with us, your organization can reduce the financial impact of system sweeps (Premium, MVR/Autoplus) and minimize the number of findings before the annual RSP audit. This proactive approach will help you mitigate costs related to conducting sweeps, correcting errors in the RSP portal, and achieving a "Satisfactory" audit score from FA.
About Us
All Safe Risk specializes in conducting Facility Association compliance audits for Risk Sharing Pools across Canada. We assist insurance members who cede risk to the RSP by identifying ineligible risks and systemic or manual ceding errors. Our recommendations align with the RSP Eligibility Manual and Plan of Operation, ensuring the same level of compliance required by the Facility Association.
Services
Strategic Planning Session
We can collaborate with your RSP team to enhance their understanding of compliance requirements. Our support ranges from assisting with system requirements and enhancements to helping your team calculate Alberta Grid scores for risks ceded in pools 200/250, and even conducting a full FA audit.