Best in class property & casualty cancellation and nonrenewal notice processes

It is easy to overlook the importance of processing your cancellation, nonrenewal and conditional renewal notices in a compliant manner. Failure to do so may result in unanticipated claims. Transactions can be voided in a court of law or disallowed by a state’s insurance department. Wolters Kluwer is the recognized industry source for cancellation, nonrenewal and conditional renewal notices. NILS™ Cancellation and Nonrenewal is a flexible and accurate solution encompassing all 50 U.S. states and the District of Columbia. Where canned compliance software products may be inflexible and expensive to implement, NILS™ Cancellation and Nonrenewal easily integrates with established systems and processes.

What can NILS™ Cancellation and Nonrenewal do for you?

Advance your compliance level with NILS™ Cancellation and Nonrenewal

Compliant Property & Casualty policy terminations are critical transactions for insurers because non-compliance carries exposure to negative legal and financial outcomes. NILS Cancellation and Nonrenewal helps minimize these risks and avoid the difficulties of maintaining current regulatory research while reducing exposure to outdated or noncompliant forms. Electronic Forms used for these termination actions are current and instantly available from your desktop.

Save research time

Regulatory Help files provide summaries of requirements relevant to the completion of compliant cancellation and nonrenewal notices. These summaries assist in ensuring compliant processing of policy termination transactions and provide answers to the key regulatory questions impacting cancellation/nonrenewal processes including research on underlying legal documentation. Rules-based fields help users ensure they are generating compliant notices with the required regulatory information, while unique web-fill features let users quickly and accurately complete the forms.

Keep staff informed of regulatory changes automatically

With the number of regulatory changes affecting cancellation, nonrenewal, conditional renewal and declination notice requirements, staying on top of all of the changes is critical to maintaining compliance. NILS™ Cancellation and Nonrenewal automatically notifies users of revisions to forms and applicable regulatory changes with email alerts by jurisdiction, line of business, and sub-line of business to keep you up-to-date.

Powerful API flexibility

Application Programming Interface (API) functionality allows direct integration of NILS Cancellation and Nonrenewal into Policy Administration System systems, further streamlining underwriting activities and strengthening compliance.
NILS™ Cancellation and Nonrenewal
Research and process notices accurately and efficiently.
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