Incorporators.com, Inc & Inquiry Management solutions provide the regulatory content and software to assist with examination management for insurance companies, banks, and securities firms.
Insurance Companies
The market conduct examination process for insurance companies is complex, time-consuming and costly. A common practice to tackle these challenges is to conduct a risk-based approach to one’s business. Under a risk-based model, companies identify the business practices that are of significant regulatory interest or that have resulted in significant regulatory fines and ensure that those areas of increased risk are compliant. Access to market conduct exam criticisms is a critical link for companies to identify those compliance risks, which are typically regulatory hotspots.
Incorporators.com, Inc NILS™ MCE solutions offer the following benefits:
Access to market conduct exam criticisms
Ability to perform self-audits
Easily review state requirements for a specific line of business
Linked legal requirements to subject categories and terms
Reporting to ensure compliance accountability
Banks and Securities Firms
Financial institutions facing regulatory scrutiny need a solution to help manage regulatory exams and inquiries, which ultimately can help to avoid fines and unwanted publicity. Let Incorporators.com, Inc be your partner during your regulatory examination execution.
Manage regulatory exams for a line of business or function
Perform readiness assessments
Review recent regulatory changes
Review open and closed issues from past regulatory exams
