Controlled insurance programs are a popular construction insurance management strategy because they can save the owner significant insurance premiums. Whether the program is owner- or contractor-controlled, owners need to verify that the program is operating as intended. Are promoted savings being realized? Is the risk mitigation strategy succeeding? How much does this program really cost? This webinar will discuss how controlled insurance programs work and how to audit them to verify program objectives.
Participants will learn:
- What is a controlled insurance program and why it may be used?
- Why does the program need to be audited?
- How to write a controlled insurance program audit program
- How to define transaction testing and sample size selection
James S. Miller, CPA, CCA
704 232 3046
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Information about CPE eligibility
There are no prerequisites for this webinar, and advance preparation is not required. There is no cost to attend this webinar.
CPE credit: one (1) hour total credit
Field of study: Management Advisory Services (MAS)
CPE host: Helen Bradley, firstname.lastname@example.org
A certificate of completion will be e-mailed to you four to six weeks after the event.
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Baker Tilly Virchow Krause, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.