Established in 1936, AAIS serves the property casualty insurance industry as the modern, Member-based advisory organization. AAIS delivers custom advisory solutions, including statistical reporting and regulatory compliance services, actuarial advice and counsel, risk awareness services, and best-in-class forms, rating information and data management capabilities for commercial lines, inland marine, farm & agriculture, commercial auto, personal auto, and homeowners insurers. Its consultative approach, unrivaled customer service and modern technical capabilities underscore a focused commitment to the success of its Members. AAIS collaborations with key industry stakeholders and leading technology partners led to the creation of openIDL, the data and information sharing platform for regulatory reporting built on distributed ledger technology, now a Linux Foundation Project. For more information about AAIS, and openIDL, please visit www.AAISonline.com and our Government, Legal, Compliance Blog https://aaisviews.aaisonline.com/glc-community.
A Word From Our Sponsor:
A Word From Our Sponsor:
Artificial Intelligence/Machine Learning Enhances Policy Reviews
AAIS has developed an innovative approach for clause filing reviews utilizing Kira’s artificial intelligence (AI)/machine-learning technology. It takes a lengthy, manual process and expedites it, significantly increasing speed-to-market. For regulators, Kira allows the first level of clause review to be automated, ensuring necessary provisions are met. For compliance professionals within insurance carriers, it helps ensure they are meeting baseline regulatory requirements.
Learn about how we’re using this technology in this short demo.
Founded in 1994, Perr&Knight provides insurance consulting and software solutions to the property & casualty and accident & health industries. Services include actuarial consulting, product development, insurance policy and forms consulting, regulatory compliance, state filings, licensing, technology consulting, statistical reporting, data services, and predictive analytics. Software includes StateFilings.com, a leading cloud-based state filings management solution. With offices in Santa Monica, Boca Raton, the New York Metro Area, Fort Worth, and Cincinnati, and more than 125 insurance professionals including over 30 credentialed actuaries, Perr&Knight is among the largest independent actuarial and insurance consulting firms in the United States.
Wolters Kluwer Financial Services
Like so many leading insurers, you can count on Wolters Kluwer as your trusted partner. We deliver proven solutions to streamline your regulatory research, compliance and risk management. Our solutions are available as standalone tools, or as an integral part of your holistic enterprise risk management system.
Visit www.wolterskluwer.com to learn how we can help you with:
- Research & Analysis
- Regulatory Change Management
- Compliance Risk Management
- Market Conduct
- Insurance Advisory Services
Your Compliance Partner – Since 1969, First Consulting has used a flexible approach to assist L&H and P&C companies across the country to solve their unique insurance compliance issues. Services include:
- Product: Drafting, Research, State Surveys
- Filing: all lines L&H, P&C and all states, plus the Compact
- Advertising: Compliance Review and Filings
- Licensing: COA, TPA , specialty (DMPO, PBM, Warranty, AO/RSO)
Contact us to learn why so many companies trust First Consulting to be their compliance partner. www.firstconsulting.com
For more than seven decades, Milliman has combined technical expertise with business acumen to create elegant solutions for our clients. Today, we are helping organizations take on some of the world’s most critical and complex issues, including retirement funding, healthcare financing, risk management, regulatory compliance, data analytics, and business transformation. As one of the world’s largest providers of actuarial, risk management, and related technology and data solutions, our consulting and advanced analytics capabilities encompass healthcare, property and casualty insurance, life insurance and financial services, and employee benefits. With more than 4,500 employees, the firm serves the full spectrum of business, financial, government, union, education, and nonprofit organizations. Milliman has offices in principal cities worldwide, covering markets in North America, Latin America, Europe, Asia and the Pacific, the Middle East, and Africa.
RegEd is the market-leading provider of RegTech enterprise solutions with relationships with more than 200 enterprise clients that represent 80% of the top 25 financial services firms.
Established in 2000 by former regulators, the company is recognized for continuous regulatory technology innovation with solutions hallmarked by workflow-directed processes, data integration, regulatory intelligence, automated validations, business process automation and compliance dashboards. The aggregate drives the highest levels of operational efficiency and enables our clients to cost-effectively comply with regulations and continuously mitigate risk.
Trusted by the nation’s top financial services firms, RegEd’s proven, holistic approach to RegTech meets firms where they are on the compliance and risk management continuum, scaling as their needs evolve and amplifying the value proposition delivered to clients.
Verisk (Nasdaq:VRSK) provides predictive analytics and decision-support solutions to customers in the insurance, energy and specialized markets, and financial services industries. More than 70 percent of the FORTUNE 100 relies on the company’s advanced technologies to manage risks, make better decisions and improve operating efficiency. The company’s analytic solutions address insurance underwriting and claims, fraud, regulatory compliance, natural resources, catastrophes, economic forecasting, geopolitical risks, as well as environmental, social, and governance (ESG) matters. Celebrating its 50th anniversary, the company continues to make the world better, safer and stronger, and fosters an inclusive and diverse culture where all team members feel they belong. With more than 100 offices in nearly 35 countries, Verisk consistently earns certification by Great Place to Work. For more: Verisk.com, LinkedIn, Twitter, Facebook, and YouTube.
For almost 20 years, the Interstate Insurance Product Regulation Compact (Insurance Compact) has brought states together to achieve a common and collective goal of improving insurance product regulation through uniformity and consistency in consumer-centric regulatory requirements and review. With 47 Compacting States and the vast majority of eligible companies of all sizes having Compact-approved products in the marketplace, the Insurance Compact has become woven into the fabric of state-based insurance product regulation for annuities, life, long-term care and disability income insurance. The Insurance Compact is a truly unique speed-to-market tool facilitating regulatory compliance and streamlining insurers filing, testing and delivery process. For more information visit the Insurance Compact website.
Insurance Regulatory Consultants, LLC (IRC) is a full-service state filing and regulatory compliance company formed in 1997 in Lower Manhattan. The IRC staff executes forward-thinking strategies while applying more than 100 years of experience to provide compliance solutions to insurance companies, faster and more efficiently than our competitors. IRC is the only firm that leverages FilingRamp (www.filingramp.com), a web + mobile filing app that is fully integrated with SERFF, allowing IRC to submit filings faster than any other firm.
For more than 120 years NAMIC has been serving in the best interests of mutual insurance companies – large and small – across the United States as well as in Canada. NAMIC membership includes more than 1,400 member companies. The association supports regional and local mutual insurance companies on main streets across America along with many of the country’s largest national insurers. NAMIC member companies write $313 billion in annual premiums and together account for 66 percent of homeowners, 53 percent of automobile, and 31 percent of the business insurance markets.
In a regulatory landscape that is constantly changing, with new laws, regulations, bulletins, and directives implemented each day, NAMIC offers a comprehensive array of resources and tools for member companies to manage their compliance efforts.
Membership in NAMIC is not restricted to mutual insurance companies alone. Stock insurance companies, reinsurance companies and industry vendor companies may also apply to become associate members. More than 450,000 people are employed by NAMIC member companies.
For over 20 years SERFF has been an electronic solution helping to facilitate accurate submissions and efficient review of rate and form filings. Built and maintained by the NAIC with joint input from industry and regulators, SERFF strives to meet Speed to Market objectives in a cost-effective manner. Over the years, SERFF has grown to meet additional regulatory needs like the SERFF Filing Access Interface, which allows for the public viewing of SERFF filings via the Internet, and support for Plan Management functions of the ACA (Affordable Care Act). SERFF is now used in 53 jurisdictions plus the Interstate Insurance Product Regulation Commission (IIPRC) and by more than 4,500 insurance entities. Nearly 600,000 transactions move through the system annually.