Underwriting

Underwriting professionals must be well versed in regulatory requirements, and be aware of regulatory changes as they occur. Non-compliance carries significant financial penalties and inevitably damage an organisation’s reputation. Yet the essential task of compliance can be expensive and time-consuming.

Wolters Kluwer Financial Services offers accurate, time-saving research solutions and high-value content and process management solutions that help Underwriters stay compliant, achieve timely goals, and reduce costs.

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, Underwriting staff can obtain the focused content they need, significantly reducing research time and increasing the effectiveness of compliance efforts.

Market Conduct Research

ComplianceWare®.General insurers can reduce risks and eliminate fines in future audits by researching past audits and their criticisms. Identifying the underwriting areas of greatest concern to auditors, and addressing their own areas of non-compliance.

NILS INsource Market Conduct Examination Module. Long Term insurers can determine frequently cited regulatory requirements from past audits, perform internal audits, and effectively prepare for audits with this application.

Regulatory Implementation Management

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

Functional Compliance

AuthenticWeb™ for Cancellation and NonRenewal. Failing to properly cancel or nonrenew a policy can result in increased claim activity, negative auditing outcomes, and substantial costs. Underwriting staff can use AuthenticWeb to directly obtain easy-to-understand summaries of complex, U.S. state-specific regulatory requirements and process a variety of adverse decision notices quickly, easily, and above all compliantly.

AuthenticWeb Matrices. Product Development staff can refer to these U.S. 50-state summary charts to research specific compliance topics and locate key requirements that govern the underwriting process.

Legal & Compliance Forms Solutions

Uniform Forms™. Easy access to 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.