Bellrock can provide commercial responses in respect of insurance compliance. Due to the volume of contractually binding documentation reviewed by the Bellrock team, we can identify emerging trends to ensure customers are informed of potential improvements to contracting regimes or risk transfer.
Engagement Letter review services form a cornerstone of the advisory services we offer.
Our customers benefit from our ability to provide commercial responses in respect of insurance compliance, and due to the volume of contractually binding documentation reviewed by the Bellrock team, we can identify emerging trends to ensure customers are informed of potential improvements to contracting regimes or risk transfer.
We advise whether our customers’ policies are adequate to meet regulatory and professional body requirements; we check and comment upon:
- The requirements of the professional standards scheme
- That the disclosures within the Letter of Engagement are compliant
- The Scope of engagement accurately reflects the services provided by your practice
- That the size of engagement typically engaged in does not require additional insurance to be obtained
Based upon your typical engagement we can provide additional advice based on your associations:
- required policy limits
- excess and deductible requirements
- insurer suitability
- express coverage requirements
