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RegEd to showcase innovations in insurance licensing, appointment and onboarding technology at NIPR Insurance Summit 2016

IBR Staff Writer Published 17 May 2016

RegEd, the leading provider of compliance and credentialing solutions to the financial services industry, will highlight recent additions to its licensing, appointment and registration solutions portfolio at the upcoming Insurance Summit 2016.

The event, to be held May 16-20 in Kansas City, is presented jointly by the NAIC and NIPR.

"Events like the Insurance Summit give us the opportunity to engage with our customers and the industry, to understand and anticipate changes to their business needs," commented Stephanie Buchanan, Chief Client Officer, RegEd.

"That interaction is invaluable to the ongoing innovation that's required to ensure that our solutions continue to meet the demands of our customers."

The Insurance Summit combines NAIC and NIPR resources in a premier conference for insurance professionals, merging the E-Reg Conference, TechEx, Financial Summit, Market Regulation Summit, PIO Forum, CIPR Symposium and Continuing Legal Education Seminar into a single weeklong event.

During the conference, RegEd representatives will highlight the firm's innovative enterprise solutions for contracting/onboarding, appointment processing and credentialing management, including:

RegEd Contracting/Onboarding automates the contracting/onboarding process for producers and reps. The solution automatically triggers the background investigation and configurable workflows automate FINRA submissions and fulfillment of licensing, registration and compliance requirements.

RegEd Contracting/Onboarding enables firms to free internal resources from the burden of manual oversight of the contracting/onboarding process, reduce time-to-market for new producers and reps, and improve the accuracy of data entry.
Smart Appointments enables straight-through appointment processing based on the firm's unique business rules.

End-to-end automation of the appointment lifecycle supports high acceptance rates, reduces time-to-market and enables valuable licensing operations to focus on exception transactions and spend less time overseeing and managing the process.

Alerts 2.0 enables insurers and distributors to automatically identify changes to individual and agency information, and then reconcile and synchronize changes with the firm's individual / agency database.

Firms benefit from a significant reduction in time and resources required to manually check the PDB for relevant changes, while instilling confidence that the firm's producer records match the official filing office record.



Source: Company Press Release