GRC Solutions for Insurance

GRC Solutions for Insurance

Regulatory requirements for the Insurance industry are on the rise from both state and federal agencies. In addition to the increasing regulations, customers and clients are requiring more service, while management and investors are requiring greater ROI from software, services, and systems to show greater profitability. These regulations and pressures are compelling insurance companies to streamline their processes.

With the Quantivate Governance, Risk, and Compliance software suite for insurance companies it is easy to integrate distinct yet interdependent disciplines such as business continuity, third party risk management, information and IT security, audit management, regulatory compliance, and enterprise risk management. Quantivate’s true SaaS platform is designed to allow seamless data integration between the various Quantivate GRC modules. Its flexible design allows the solution to scale to the GRC needs of your organization.

With the Quantivate GRC solutions, insurers can document, track, and manage all GRC initiatives at all levels of the organization. The Quantivate solutions will help insurers implement reliable and cost-effective GRC processes for risk management, internal audit, business continuity, third party management, IT and information security, and regulatory compliance.

The Quantivate GRC solution will help insurance companies meet new and changing NAIC Model Audit Rule, Solvency II, GLBA, AML, ORSA, CFPB, HIPAA, State Exchange rules, Market Conduct Regulations, and many other regulatory requirements.

Watch On-Demand or Live Software Demos

GRC Suite Software Demos

Register for a live demo or watch on-demand now!

Capabilities You Need to Succeed

  • Business Process Library
  • Real-time Visibility into Risk Exposure
  • Improve Accountability
  • Integrate Informational Security
  • Enforce Organizational Standards
  • Ensure Regulatory Compliance
  • Prevent Future Losses
  • Quickly Deploy Customized Solution
  • Integrate with Any Data Source
  • Single-Sign On

Quantivate GRC Software for Insurance Datasheet

Regulatory Compliance Management

Quantivate Regulatory Compliance Manager (RCM) provides a strong software solution for compliance managers to manage a wide variety of regulatory and compliance processes and ensures accountability throughout the organization. The software delivers key features to monitor pertinent regulations and other requirements, organize compliance documentation, run risk assessments, and demonstrate proof of compliance through robust reporting. The solution helps organizations remain compliant with Solvency II, NAIC-MAR, GLBA, HIPAA, CFPB and other regulatory bodies.

The Quantivate Regulatory Compliance solution for Insurance companies allows an organization to:

  • Perform a Risk Assessment on regulatory changes to identify gaps in compliance and determine the priority of implementation.
  • Create compliance task management and automated workflows.
  • Map and apply all regulatory requirements to applicable policies, controls, and processes.
  • Provide Compliance and Risk reporting for all levels
  • Review the impact to the organization of compliance changes