Blog | Regulations/Financial Systems



5 Steps to Solvency II Compliance
April 18, 2014 @ 10:32 AM | By Tim Lind- Thomson Reuters

Insurance companies must actively consider their risk exposures to current and future investments over extended timeframes and ensure they have sufficient capital reserves to cope with potential risks.

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5 Trends Shaping the Health Insurance Market
April 01, 2014 @ 09:15 AM | By Michael Byers- HighRoads

Technology is at the forefront of changes in the health insurance environment.

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Getting the Truth of Investment Performance
March 28, 2014 @ 08:15 AM | By John Vercellino- SunGard

Exploring tools that can help investment managers improve visibility, transparency and insight into portfolio and manager performance to achieve repeatable, optimal outcomes.

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What's the MyRA's Impact on Traditional Financial Services?
February 06, 2014 @ 11:12 AM | By Kelly Sheridan

The MyRA program, through which Americans can invest up to $15,000, will enter the consumer market later this year.

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How Business Intelligence Can Help Insurers Overcome Compliance Challenges
January 29, 2014 @ 11:21 AM | By John E. Vercellino- AAM- AIAF- SunGard

New solutions are needed to provide visibility into investment and financial data, transparency across a complex enterprise, and insight to help leaders make better business decisions.

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N.Y. Rolls Out Welcome Mat For Telematics
January 15, 2014 @ 11:25 AM | By Nathan Golia

Robert Easton, executive deputy superintendent for N.Y. Dept. of Financial Services, says his office is inviting usage-based insurance filings.

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Transform Compliance from Cost to Competitive Advantage
January 03, 2014 @ 10:38 AM | By Dorrie Pighetti- Insurity

Leveraging best practices in compliance allows carriers to maximize the speed and minimize the costs of keeping current.

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5 Reasons Why Annuities Carriers Should Change Their Compliance Fulfillment Practices
December 17, 2013 @ 13:00 PM | By Len Driscoll- Broadridge Financial Solutions

E-delivery of prospectuses and other communications is gaining momentum in the annuities industry.

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Why Regulators Want Insurance Telematics to Succeed
September 05, 2013 @ 13:50 PM | By Nathan Golia

An NAIC representative says that from a regulatory perspective, there's one clear reason why usage-based insurance is better for consumers.

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Obamacare Challenges: Being Compliant & Competitive Under the Affordable Care Act
July 19, 2013 @ 14:08 PM | By Lori Dustin- HighRoads

The cost-benefit to health insurers of moving from a manual to an automated plan management system could be as much as a 50% reduction in production and distribution costs.

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FIO and NYDFS: A Tale of Two Reports
June 13, 2013 @ 14:25 PM | By Anthony O'Donnell

New York Insurance Commissioner Ben Lawsky's criticism of captive reinsurance deals appears sensationalist in light of the yesterday's FIO report and industry-side statements.

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Agile Financial Management: Re-visioning the Budget Process
May 15, 2013 @ 10:36 AM | By Peter Witham- UNIT4 Business Software

To create an accurate budget you need visibility into a single set of data and the ability to see clear across your organization – regardless of geographic locations, currencies, and other barriers.

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Insurer Group: Sharing Telematics Data Must Be Opt-In
May 03, 2013 @ 11:25 AM | By Nathan Golia

The Association of British Insurers tells its members that getting "explicit consent" from policyholders is a best practice when sharing telematics data outside core insurance practices.

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4 Health Insurance Reform Concerns Technology Can Address
April 26, 2013 @ 10:27 AM | By Martyn Christian- Kofax

Technology will offer the healthcare industry a means to fast-track the Affordable Care Act by delivering customer-driven processes that leverage information capture and smart process technology, cloud access and mobility, making compliance affordable to insurers.

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FIO Modernization Report 13 Months Late, Along With Other Deliverables
February 15, 2013 @ 10:48 AM | By Anthony O'Donnell

HFSC urges FIO to deliver "long overdue" reports and says it will work to limit the FIO from imposing unwarranted or excessive data collection burdens on the insurance sector or on small insurers in particular.

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UK Also Grapples with Wisdom of Government Flood Insurance
November 28, 2012 @ 10:12 AM | By Nathan Golia

In the wake of devastating flooding in England and Wales, the UK government is considering what it should do to insure losses.

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Impact of 2012 Election on Insurance: More of the Same?
November 09, 2012 @ 16:51 PM | By Kathy Burger

Regardless of the implications for the insurance industry of the reelection of Barack Obama as U.S. president, insurers are still facing an increasingly complex and tech-driven competitive environment.

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Regulators Remind Insurers of CAT-related Duties
October 30, 2012 @ 11:51 AM | By Anthony O'Donnell

Wolters Kluwer's Kathy Donovan reports that some East Coast regulators issued bulletins and alerts to give insurers guidance on their responsibilities related to Hurricane Sandy.

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Insurance Investment Rules Are Changing -- Ready or Not
September 11, 2012 @ 10:10 AM | By Dennis Lebar- SunGard

The fixed-income investment landscape has changed dramatically over the past 15 years, yet investment guidelines set out by the NAIC have stayed largely the same. Now, state regulators are starting to catch up, which means insurers must update their investment policies, compliance procedures, and the technology that supports them.

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Report: More Than Half of States Have No Health Insurance Exchange Plan
August 08, 2012 @ 10:26 AM | By Nathan Golia

Even though the Supreme Court gave the Affordable Care Act the green light, 29 states still have no plan for one of its central components, an Oklahoma newspaper reports.

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