Risk controls Flashcards
1
Q
Acronym
A
MISREADS CRISPS
2
Q
M
A
Monitoring expenses process etc
3
Q
I(1)
A
Initial underwriting
4
Q
S(1)
A
Surveys on customer satisfaction
5
Q
R(1)
A
Reinsurance
6
Q
E
A
External audit
7
Q
A
A
Actual vs expected experience
8
Q
D
A
Distribution channel process
9
Q
S(2)
A
Staff training
10
Q
C
A
Claim management
11
Q
R(2)
A
Regulation
12
Q
I(2)
A
Investment mandates
13
Q
S(3)
A
System testing and project management controls
14
Q
P
A
Policy data checks
15
Q
S(4)
A
SLAs outsourcing