Compliance Solutions for Insurance

Compliance Solutions for Insurance
Navigating the regulatory compliance landscape can be challenging for insurance firms, especially for firms that operate on a large scale in multiple jurisdictions. Uncertainty about new and revised legislation adds another level of complexity. To avoid regulatory risk, insurance firms must observe both local and global compliance requirements.
Without a robust compliance program, firms risk regulatory actions, including fines or censures. Ruleguard’s compliance software solutions are designed to help manage different compliance policies and processes so firms can have constant access to information and changing conditions.
Why Ruleguard for Insurance?
Facilitate monitoring Regulatory Developments
Ruleguard can help you deal with regulatory changes as they arise by assessing applicability and mapping to corresponding risks and controls.
Embed Compliance within your firm
Our solution provides complete audit trails including supporting evidence to demonstrate compliance. It addresses additional challenges related to managing incidents and breaches, making breach resolution more transparent.
Key features allow you to:
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Save time and effort by using a centralised repository
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Create a comprehensive audit trail
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Improve governance and oversight of issues
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Reduce risk of non-compliance due to regulatory change
Solutions for Insurance
Insights
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