Amongst complex industry landscape, including complexity and risk, NILS AI Assist supports and streamlines workflows
Wolters Kluwer's Financial & Corporate Compliance (FCC) division today announced the introduction of NILS™ AI Assist, powered by Wolters Kluwer Expert AI, to enhance the regulatory research, interpretation, and workflow efficiency of insurance compliance research. NILS AI Assist allows users to perform regulatory queries in natural language, receive condensed insights, and find relevant content that can significantly cut research time.
“Built on a legacy of 75 years of regulatory expertise, NILS AI Assist is an important evolution in the way Wolters Kluwer supports the insurance compliance industry in navigating complexity and risk,” said Chuck Ross, Vice President, Investment Compliance Solutions & Compliance Program Management. “Integrated directly into existing NILS workflows, AI Assist combines our trusted expertise alongside advanced AI technology to provide end users with a tool that is purpose built for regulated environments. The solution provides traceability and references to original source content, allowing users to have the transparency they desire from AI."
A trusted Generative AI compliance tool for regulatory research
Historically, compliance professionals had to take on the time-consuming process of manually searching copious amounts of regulatory content, then interpret meanings, and apply it back to their work. This process led to the potential for oversight and opened organizations to unnecessary risk.
NILS AI Assist replaces traditional search with a conversational experience powered by proprietary large language models and retrieval-augmented generation. Drawing on more than 600,000 curated regulatory documents and a domain-specific taxonomy of 5,000+ insurance terms, it delivers relevant, fully traceable insights. The AI-powered tool provides context-aware insights and recommendations that are based on the latest federal, state, and local jurisdiction regulations, directly in the workflow.
Compliance and GenAI, stronger together
In an effort to preserve institutional knowledge and improve audit readiness, NILS AI Assist has been purpose built to help organizations navigate the increasingly complex regulatory landscape. With features such as prompt libraries and guided workflows, as well as team threads for increased collaboration, insurance companies can take advantage of leading-edge GenAI, while having enterprise grade privacy where no customer data is used for model training.
Wolters Kluwer Expert AI brings together advanced generative and agentic AI with deep domain expertise to power intelligent capabilities across the company’s professional solutions. Built with privacy-by-design principles and trusted content at its core, it helps customers work more efficiently, make smarter decisions, and operate with confidence in complex, regulated environments.
Click here to learn more about NILS Assist, powered by Wolters Kluwer Expert AI.