The firm reviews the undertaking's position on the three pillars: prudential balance sheet and solvency capital requirement, system of governance, ORSA and key functions, quantitative templates and narrative reports. For each point, the diagnostic states the gap observed, its seriousness and the effort needed to close it.
The format is short and proportionate: interviews, document review, targeted recalculations, then a presentation to management and, if the undertaking wishes, to the board of directors.