Product Development

New technologies create new opportunities, carriers today are insuring risks that were unheard of just a few years ago—risks that many existing regulations may not clearly address. Product Development professionals must constantly identify and analyse how regulations affect their new products.

It’s a time-consuming, even overwhelming challenge, but Product Developers can meet these process intensive challenges with Wolters Kluwer Financial Services’ accurate, timesaving research tools, with high-value content and process management solutions that deliver desired results, and reduce costs.

Wolters Kluwer Solutions for Product Development Professionals

U.S. Primary Research Content

NILS INsource®. Optimized for use by insurance professionals, NILS INsource is the leading Web-based U.S. insurance regulatory content solution. With NILS INsource, staff can obtain the focused content they need, potentially shortening product development timelines by weeks and even months.

Market Conduct Research

ComplianceWare®. General insurers can make informed decisions about product expansions by researching past U.S. market conduct examinations in their own and other jurisdictions, identifying the areas of greatest concern to examiners, and addressing their areas of possible non-compliance in their new offerings.

NILS INsource Market Conduct Examination Module. Long Term insurers can determine frequently cited requirements from past examinations in their own and other U.S. jurisdictions, and research past exam criticisms to determine potential compliance pitfalls in their new products.

Regulatory Implementation Management

NILS INcompass™. Manage your regulatory implementation process automatically and quickly respond to relevant regulatory changes with this customizable, easy-to-use solution.

Functional Compliance

AuthenticWeb™ for Contract Provisions. When contractual language fails to meet U.S. state requirements, product release deadlines can slip and costs go up. Product Developers can use AuthenticWeb to directly obtain easy-to-understand summaries of complex regulatory requirements as well as correct contract provision language. As a result, state filings are done right the first time.

AuthenticWeb™ Matrices. Product Developers can refer to these 50-state summary charts to research specific compliance topics and locate key requirements that affect new insurance offerings.

Legal & Compliance Forms Solutions

Uniform Forms™. Easily access a complete library of fully compliant General Insurance forms from a single resource.

For more information, call 0800 840 1160 or email UKsales@wolterskluwer.com.