PROCUREMENT ASSURANCE

Insurance Procurement Assurance

Luma Strategy provides independent actuarial assurance to help organisations demonstrate that insurance placements are evidence-based and proportionate to risk. We analyse premiums, deductibles and coverage against claims experience and benchmarks, offering clear, objective insight for procurement and finance teams.

Our approach supports transparent, defensible insurance decisions and gives Audit and Risk Committees confidence in value-for-money outcomes.

Post-Procurement & Governance Review

We provide independent post-placement analysis to confirm that premiums and limits remain aligned to underlying risk. Using clear data and concise reporting, we help authorities and insurers evidence ongoing value and strengthen insurance governance.

This assurance gives management and boards confidence that insurance programmes stay robust, compliant and strategically informed.