Faster, Smarter, Safer.
Intelligent on demand technology controlling the legal, regulatory and commercial risks facing insurance businesses.
The REG Network
What once took weeks now takes seconds.
Spreadsheet based record keeping
Manual, time consuming due diligence – error prone and infrequent
Paper-based applications and agency documents combined with post and email
Costly, resource intensive audits analysing past events
Reactive approach to risk mitigation leaving firms exposed to legal and regulatory risk
Centrally managed, secure cloud-based software
Instant and ongoing analysis of thousands of data points
Secure, auditable digital document exchange
Continual surveillance alerting of risks as they happen
Proactive RegTech solution for governance risk and compliance
Instant due diligence profiles
REG technology performs regulatory, legal and financial checks on firms instantly, including:
Regulatory Status / Permissions
Credit Ratings and Limits
Legal Status and Key Findings
Directors and Approved Persons
Politically Exposed Persons
A proactive approach to counterparty risk
Use dashboards to manage profile changes and developing risks
Configure alerts and notifications to unlimited company users
Assign and record tasks and actions across multiple groups and individuals
Real-time overview of all relationships, all in one place with full audit trail
Secure Digital Contract and Document Exchange
Use the REG Network to create a connected relationship with another business enabling the secure, compliant exchange and signature of contract documentation, including Terms of Business Agreements.
REG UK solutions are now at the heart of our broker on boarding and management process. Since partnering we have enjoyed a first class personal relationship and service with people that understand our business. We benefit from real time regulatory oversight and automated alerts and have achieved material efficiencies in our working practises.
REG system is intuitive and ensures a quick and organized management of our Brokers network. It allows us to screen entities (i.e., credit risk) before entering into TOBAs with them, and if satisfactory, a TOBA can be put in place in seconds. I have hardly had any problem at all and customer service is efficient and quick.
The REG service has eased our hefty administrative burden immensely. The REG alerts are the fulcrum point of our Broker monitoring process and enable us to manage our large portfolio by exception.
The information, which is easy and speedily accessed from REG is invaluable too.
The REG system has helped us streamline our processes in relation to our Producers and has made the due diligence process much simpler and time efficient.
Also, the REG team have consistently made efforts to help with all our queries and have been very receptive to add features to the system.