You opened the mail and found a general liability audit request from your insurer. The first reaction is often worry, but a GL audit is a routine part of how the coverage works. It is not a penalty, and it is not a sign that you did anything wrong. This guide covers what a general...
Executive Summary Insurance premium audits play a critical role in compliance, underwriting accuracy, and financial integrity. For many organizations, managing audits internally introduces unnecessary risk, rising overhead, and operational strain. Outsourced premium audits offer a practical alternative. When handled by a specialized partner with proven processes, outsourcing reduces compliance exposure, stabilizes costs, improves audit quality,...
For many small and mid-sized businesses, a Business Owner’s Policy (BOP) is designed to simplify insurance coverage by bundling essential protections into a single policy. But when those policies are written on a Gross Sales basis, accuracy becomes critical. Even small discrepancies in reported figures can lead to misrated premiums, endorsement delays, and unnecessary friction...
An insurance audit is a review of a business’s records, done after a commercial policy period ends, to confirm that the premium matched what the business actually did during the policy term. If you have received an audit notice, it does not mean something is wrong. It is a routine part of carrying workers’ compensation,...
“Remote auditing” covers a lot of ground, from IT compliance to financial statement work. In insurance premium audit it means something specific: verifying a business’s payroll, sales, and job classifications for its insurance carrier without visiting the business. It is a steady line of work for experienced auditors who would rather spend their day on...
If you’re looking for a way to break into the insurance industry, particularly in the field of premium auditing, starting as a Customer Service Specialist at ISG could be the perfect opportunity. While the role focuses primarily on providing customer support, it also offers invaluable exposure to the processes, terminology, and workflows that are essential...
Insurance premium auditing is a profession most people find sideways. Someone working in payroll, bookkeeping, or insurance customer service hears about it, realizes the job runs on skills they already use every day, and makes the move. If that is where you are, here is what the work involves and how people get into it....
In today’s digital age, more and more professionals are looking for flexible work arrangements that allow them to work from anywhere. One such profession that lends itself perfectly to remote work is that of an insurance premium auditor. Let’s explore the reasons why being an insurance premium auditor is an ideal remote job, detailing the...
The role of a Workers’ Compensation (or Workers’ Comp) Premium Auditor is becoming increasingly vital in the insurance industry, driven by the need for accurate risk assessment and premium calculation. Understanding the market dynamics is crucial for those considering a workers comp premium auditor job. As a technology-driven, remote work friendly auditing company ISG is...