How to audit insurance payments made by a pvt ltd company.

Hello,

Please do guide me in step by step manner on how to audit Insurance payments made by a pvt company.
This is very important to me because my job is now dependent on what i do.
I was offered a job on temporary terms and will be now made permanent if i successfully audit insurance payments and find if any monetary savings can be made.

I request the experts to kindly guide me on how to go about this in detailed manner.

The type of insurance payments made in the comany i am working are:
1) Insurance of Assets
2) Insurance of personal life accident policy
3) Insurance of Stock
4) Transit Insurance
5) Insurance of Vehicles.

Please do give me detailed procedure for each category of insurance payments.

Thank You. 
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