Are you an expert or do you need one?

Our Story

Between them, the NICExperts founders, Jody Meadwell and Miriam Weerasooriya, have held just about every role in the insurance industry. Both also made the move from employee to independent consultant, attracted by the benefits of more flexibility, reduced commutes, and working only on projects in their chosen niches of expertise.

But being your own boss isn’t easy, and the insurance and finance industries have requirements that can cost more to comply with and take more time to maintain than most independents can afford. Add on the administrative, business development, and marketing aspects of running your own consultancy, and even the best insurance professionals can struggle.

Navigating the IT requirements alone becomes a full-time job or an unaffordable expense, while ignoring these requirements means not working with the largest clients in the industry. The independent experts these clients depend on can also be the weakest link in the IT network, and an increasing source of risk – the arch nemesis of the insurance industry.

Recognizing a clear and increasing need, Jody and Miriam created the Network of Independent Consultants – NICExperts – to give independent insurance experts the ability to be their own boss AND work with top tier insurers.  Today, NICExperts members get the IT security, systems, and governance their clients demand, plus access to templates, processes, marketing, and open collaboration across a network of proven professionals. Insurance clients get a single point of access to a collective of vetted experts, backed by compliant systems, who can serve all their project needs.

NICExperts: Better Together

Our Vision: Experts of Choice. The Right Experts. Real Experts, All the Time.

You are dedicated to the insurance industry, specialized in your field, and take pride in being professional and diligent. We get that. Because we are too.

NICExperts works collaboratively with corporate insurance clients and independent insurance specialists to tailor needs and inefficiencies with expertise and experience. Our specialists bring you an independent third-party perspective, and a fresh point of view.

We believe growth never stands still. There is always a new or better way to do business, plans to revive old projects or start new ones, and the ability to improve the status quo. Let us be your trusted insurance adviser.

Custom Consulting Services & Training

With a wealth of experience at your fingertips, independent insurance specialists provide an impartial or expert opinion to move insurance and risk management projects along.

Custom Consulting Services & Training

With a wealth of experience at your fingertips, independent insurance specialists help you get over the hump, fill the gap, or help out until you find an expert of your own.

Underwriting & Claims Technical Audits

With subject-matter experts in multiple fields and disciplines, technical underwriting & claims file audits span a diverse range of portfolios.

Custom Consulting Services

Be your best with an impartial or expert opinion to move projects forward, assist with new system implementations, or discuss risk management, claims, and underwriting questions with an impartial third party.

Sales Training and Brokerage Relations

With a wealth of underwriting, claims, and intermediary experience, independent insurance specialists help mutuals achieve volume targets with sales training focused on building broker relationships.

Strategic and Operational Reviews

With decades of experience working for and consulting with stock and mutual insurers in addition to insurance agency and brokerage operations, NICExperts help prioritize and focus internal ideas to improve operating efficiencies.

Commercial Insurance – Underwriting Audit and Training

With a wealth of underwriting and claims experience, commercial insurance training is customized to commercial lines portfolio results. Audit results help focus training, wording, or operational changes to offer better risk selection and portfolio management.

Home, Auto, and Farm Insurance – Underwriting & Claims Audits

With subject-matter experts in multiple fields and disciplines, technical underwriting & claims file audits span a diverse range of personal and farm portfolios.

Part of the Team

Call us to supplement your insurance or risk management tea, discuss alternate insurance solutions, design or implement new insurance systems, or help implement insurance best practices.

Enterprise Risk Management Reviews

Quick Summary: With the ability to work with any insurer or intermediary on your behalf, NICExperts help identify, understand, and analyze risk exposures to discuss appropriate and cost-effective controls including insurance and non-insurance solutions.

Commercial Insurance Services

With no strings attached and no capability to place your insurance, NICExperts arrange remote or on-site visits to assess potential risk exposures or review contracts, policies, or wordings.

Operational & Enterprise Risk Management Reviews

With decades of experience working for and consulting with reinsurers, insurers, MGAs, and brokerages of all sizes, NICExperts bring fresh ideas to improve delegated authority and internal operating efficiencies.

Navigating Delegated Authority

Taking on delegated authority operations for the first time requires proper balancing of existing operations against new contractual requirements. A well-researched plan saves time, money, and effort in the long run.

Peer Review & Agency Audits

Design and implementation of, and training on internal or delegated authority audits independently or as partners of the agency's own team.

Insurance Audit Services

With the goal of continuous improvement, peer review or internal audit programs focus on clear & concise communications to work within existing best practices. Standard or tailored scopes of work handled remotely or on-site, are available in English or French. Licensed professionals familiar with local regulation are available on request.

Custom Consulting Services

With a wealth of experience at your fingertips, independent insurance specialists help you get over the hump, fill the gap, or help out until you find an expert of your own.

Expert Witness

Fact-based opinions are measured against relevant and appropriate professional, regulatory, and industry standards to assess technical and operational strengths and weaknesses.

Pre-Agency, Due Diligence & Run-Off Reviews

Focus is to work with onboarding teams to ensure early success before delegated authority partnerships begin or when contract changes require follow up review.

Operational Reviews

With decades of experience working for and consulting with reinsurers, insurers, MGAs, and brokerages of all sizes, NICExperts bring fresh ideas to improve delegated authority and internal operating efficiencies

Bordereaux & Reporting Reviews

Focus is on bordereaux trends, outliers, premium funds tracking, claims fund management, and satisfactory reporting requirements. Custom reviews and beta testing is available for on-line systems

Peer Review and Agency Audits

The most comprehensive reviews can include a mix of multiple functional areas including company, compliance, underwriting, claims, operations, IT, bordereaux, and accounting.

Insurance and Audit Services

With continuous improvement and relationship building as a common goal, Delegated Authority or Internal Audits focus on clear & concise communications to generate open discussions about findings and resolutions. Standard or tailored scopes of work, remote or on-site, are available in English or French

Lloyd’s Coverholder & Third-Party Administrator (TPA) Audits

Focus is to work with onboarding teams to ensure early success before delegated authority partnerships begin or when contract changes require follow up review.

Lloyd’s Operational Reviews

With decades of experience working for and consulting with Lloyd's Managing Agents, Coverholders, DCAs, and brokerages of all sizes, NICExperts bring fresh ideas to improve delegated authority efficiencies.

Lloyd’s Bordereaux & Reporting Reviews

Focus is on bordereaux trends, outliers, premium funds tracking, claims fund management, and satisfactory reporting requirements. Custom reviews and beta testing is available for on-line systems.

Lloyd’s Underwriting & Claims Technical Audits

With subject-matter experts in multiple fields and disciplines, technical underwriting & claims file audits span a diverse range of portfolios.

Lloyd’s Compliance Reviews

Compliance reviews focus on corporate ownership, company policies, and testing of regulatory, legal, tax, and licensing oversight.

Lloyd's CH & Delegated Claims Administrator (DCA) Audits

The most comprehensive reviews include multiple functional areas including company, compliance, underwriting, claims, operations, IT, bordereaux, and accounting.

Lloyd’s Delegated Authority Insurance & Audit Services

With continuous improvement and relationship building as a common goal, Delegated Authority Audits focus on clear & concise communications to generate open discussions about findings and resolutions. Standard or tailored scopes of work, remote or on-site, are available in English or French.