Your Step by Step guide to getting APP insurance
1. Review our APP scam reimbursement insurance e-guide that explains how this insurance works, the explainer video and FAQs for the APP digital audit, and the APP additional resources here.
2. Book initial consultation with Elmore & Green Swan. Ideally your MLRO/CRO and APP business owner should attend.
3. Enter your signature details here for the Mutual NDA Download here. The NDA will be issued via DocuSign.
4 Book your APP audit. Typically your finalised audit report will be available within 10 days of the audit commencing. If you have been provided with a discount code please enter this at the e-commenrce checkout.
4.1 Audit lead video call briefing with Green Swan to review the audit process timelines and the maturity index scale and risk heat maps
4.2 Audit lead completes audit participant details
4.3 Audit lead emails participant briefing emails and digital audit links
4.4 Complete Insurance Application form online or in MS Word format with Green Swan/Elmore support
4.4 Video interview with Green Swan and audit lead, and/or MLRO&CRO
4.5 Video call with Green Swan and audit lead to discuss the draft report findings
4.6 Management comments to be added and final report submitted to underwriters
4.7 Video call Green Swan, Elmore, and Insurance Underwriters to review APP Insurance quotation.
5. Call with Elmore & Green Swan to agree policy amounts and Loss Data required to support the insurance appliction.
6. Insurance Quotation: Elmore Insurance application data pack (including APP audit, Insurance application for and loss data) and indicative/final insurance quotation.
7. Sign Policy documents and commence APP cover.
Notes:
1. Please allow 30 days from the start of the application process for your policy to be active.
2. The time to get an APP insurance quote depends on:
(i) how quickly you start the APP audit
(ii) availability of policies and loss data required by the underwriters