What is ICP SAT and how does it work?
The ICP Self-Assessment Tool (SAT) is a joint initiative of the IAIS and the A2ii. It uses the analytic tools from the Peer Review Process (the self-assessment questionnaire and the scoring criteria).
By filling out questionnaires on the SAT page (https://icp-selfassessment.org), supervisors can assess the level of observance of the Insurance Core Principles (ICPs). The results are generated immediately after the completion of a questionnaire.
Watch this 3-minute explainer video:
The beta version of the ICP SAT was released at the IAIS IAC (Implementation and Assessment Committee) meeting on 12 November 2019 in Abu Dhabi.
