The ECIIA Insurance Committee has just published a new thought paper, Keeping the Internal Audit function aligned with evolving stakeholders expectations: methodology and application for the insurance industry.
This thought paper aims to highlight that in order to stay relevant, Internal Audit functions have to transform in alignment with the industry and insurance undertaking in which they operate.
It introduces an easy-to-apply method to develop transformation goals, expected progress with relevant stakeholders and includes examples of key performance indicators (KPIs) from the insurance industry.
The proposed approach will help CAEs in their dialogue with the various stakeholders.
A press release is available here.