IAIS · Insurance Core Principles · Evidence & Implementation Kit
Meet the IAIS Insurance Core Principles, without mapping every ICP to evidence yourself.
Every Insurance Core Principle handed to you as an adopt-ready control, from corporate governance and the control functions through ERM, ORSA, capital adequacy and conduct of business, with the evidence a supervisor examines.
Supervisor-ready in a weekend, not a quarter.
Here is the honest situation. Insurance supervisors worldwide assess insurers against the IAIS Insurance Core Principles, and they shape local regimes from Solvency II to APRA. The insurer-facing pillars are demanding: corporate governance, risk management and the four control functions, enterprise risk management with an ORSA, capital adequacy, valuation and investment, conduct of business and public disclosure. Turning the ICPs into documented, evidenced controls, and demonstrating them to a supervisor, is months of work, and a control function that is not genuinely independent or an ORSA that is a formality is exactly what a supervisor challenges.
This Kit removes that build. It is every ICP written as an adopt-ready control you personalize in a weekend, with the evidence a supervisor examines.
What you get, the moment you buy
31
ICPs as adopt-ready controls. Every Insurance Core Principle, from governance and the control functions through ERM, ORSA, capital, conduct and disclosure, written so you personalize and demonstrate it. The insurer-facing pillars are expanded.
31
Evidence-they-examine checklists. For each control, exactly what a supervisor examines, plus where insurers fall short, so you close the gap first.
1
Insurance Governance Control Matrix, pre-built. Every ICP in a working spreadsheet, ready to record status and evidence location across the insurer.
1
Gap & Readiness Assessment. Score each ICP and the workbook returns your readiness as a single percentage, and exactly what to fix next.
Grounded in the IAIS Insurance Core Principles, with corporate governance, the control functions, ERM and ORSA, capital adequacy, conduct of business and disclosure called out. Editable Word and Excel files.
The control functions and ORSA are what supervisors probe
A supervisor tests whether your risk, compliance, actuarial and internal audit functions are genuinely independent and effective, and whether your ORSA actually drives decisions. This Kit builds those as explicit controls with the evidence, so the areas a supervisor probes hardest are handled first.
What one control looks like
This is risk management and internal controls, ICP 8, the backbone of insurer governance. All 31 are built to this depth.
ICP-8 Risk management and internal control system GOVERNANCE
Demonstrate this
[Insurer] must establish an integrated system of risk management and internal controls covering all material risks, with clear lines of accountability, documented policies, segregation of duties, escalation paths and management information, and must ensure the risk management, compliance, actuarial and internal audit control functions are established with adequate authority, resources, independence and unrestricted access to the Board.
Supervisory note.
The four control functions may be combined proportionately in smaller insurers, but independence of internal audit from the functions it audits must be preserved.
Evidence a supervisor examines
- Board approved risk management and internal control policies and risk register
- Organisation chart showing the four control functions and reporting lines to the Board
- Control function mandates defining authority, resources and independence
- Internal control matrix mapping key controls to material risks
- Management information and escalation reports demonstrating the system operating
Common finding they raise: Control functions exist only on paper, lack independence or resources, or risk management is not embedded in day to day decisions, so material risks go unidentified and unescalated.
Why this is not another template pack
- The evidence is the point. Governance you cannot evidence is a chart. This tells you exactly what a supervisor examines and where insurers fall short, for every ICP.
- The pillars expanded. Governance, the four control functions, ERM and ORSA, and conduct of business each get their own controls, the areas supervisors weight most.
- Built on a mapped compliance corpus, not one person's opinion, from a graph of thousands of controls across standards.
- It compounds. The ICPs shape Solvency II, APRA and other regimes, so this work maps onto your local supervisory requirements.
Who buys this
Insurers and reinsurers, the risk, compliance, actuarial and governance leads who own supervisory compliance, and consultants preparing for supervisory review. Whether it is a first framework or an uplift, you save months and walk in with the governance and evidence ready.
By the end of the weekend you will have
✓ An adopt-ready control for every ICP
✓ A completed insurance governance control matrix
✓ The evidence a supervisor examines
✓ Your control functions and ORSA anchored
✓ A readiness percentage and a fix list
✓ The common gaps closed
Common questions
Is it really editable? Yes. Word and Excel files you own and adapt. No portal, no subscription.
Are the ICPs a law? No. They are the international standard supervisors use, and they shape local regimes. This Kit builds the controls a supervisor expects to see, whatever your jurisdiction.
Does it cover ORSA? Yes. ERM and the Own Risk and Solvency Assessment (ICP 16) are their own controls, because supervisors weight them heavily.
Does it cover conduct of business? Yes, including fair treatment of customers, product oversight and claims and complaints handling (ICP 19).
What if it is not for me? A 30-day money-back guarantee.
Do not map every ICP to evidence by hand.
Every Insurance Core Principle is fast to adopt with the Kit. It is instant, and it is guaranteed.
Add it to your cart and be supervisor-ready this weekend.
Instant digital download · 30-day money-back guarantee · The Art of Service Pty Ltd, GPO Box 2673, Brisbane QLD 4001 · support@theartofservice.com
