Insurers are in a difficult position – the high demand on resources to handle the volume and complexity of regulatory changes is extreme. Additionally, the need to evaluate if, how, where, and when these changes should be implemented can pose significant challenges for even the most experienced compliance staff.
Based on the industry-leading insurance regulatory compliance database, NILS™ Insource®, NILS™ Feed ASL offers an Authoritative Source Library of the statutory and regulatory compliance requirements applicable to the “business of insurance.” When changes to an ASL are mapped, they can be seen across activities, processes, and risks for a true impact assessment.
