Centrally manage multiple regulations. Increase controls efficiency. Accelerate regulatory incident investigations.
Insurance Industry Challenges
The corporate governance requirements placed on Insurance companies has escalated due to increased regulatory scrutiny, increased transparency to ensure financial integrity of transactions as well as the assurance of consumer protection, and capital adequacy. As insurance companies have to navigate an increasingly complex risk landscape, the need for centralized regulation management and controls monitoring automation has never been greater.
Greenlight solutions can help you:
Centralize the disparate landscape of regulatory requirements, acting as a single authoritative source for alerts and requirements intake
Eliminate silos and enable standardization across regulatory mandates
Integrate regulatory requirements with internal control activities and operations
Strengthen your controls posture with automation and exception-based monitoring across IT systems and business applications
Accelerate response to audits and ad-hoc requests from auditors