Streamlined compliance for better management and insight
Regulators have begun to treat insurers more like banks, such as requiring compliance with Anti-Money Laundering (AML) standards like Know Your Customer, solvency directives and government healthcare mandates. All of this is in addition to heightened consumer expectations and the variances in state-by-state requirements.
In this ever-changing environment where compliance is a moving target, leveraging a reliable and easily adaptable compliance management software solution can help you quickly adjust your efforts based on changes and understand how well you're addressing current requirements, standards and expectations. Convercent gives you a natively integrated solution for managing and monitoring the compliance health of your organization at all levels. Whether it's policy management and employee education, incident investigations or disclosure management, Convercent underwrites your success via its analytics platform and easy-to-use interface tied specifically to your most crucial risks.
maintain organizational compliance around issues such as:
- Anti-money laundering
- Bribery and corruption
- Compliance monitoring, reporting and testing
- Consumer complaint response
- Data privacy and security
- Document management and retention
- Fraud
- Governance
- Risk management
Keys to Success:
- Program designed around your specific risks
- Accessible via web and mobile
- Easy policy distribution and tracking
- Anonymous hotline available via multiple channels and languages
- In-depth case management system
- Effective training around key regulations and policies
- Robust disclosure manager to monitor and mitigate conflicts of interest
- Easy reporting for benchmarking and assessment
- Regular audits
- Well-managed and consistent document retention procedures
Happy Insurance Customers
Here are a few insurance companies we're proud to work with.
Want to Talk?
We'd be happy to tell you more about how Convercent can help insurance companies tackle compliance.