Effective compliance is enormously complex and one of the most critical issues facing Life and Health insurers today.
South Portland, ME (PRWEB) October 18, 2010
Smith Group is pleased to announce the expansion of their Life and Health Insurance compliance and regulatory services to all states, including Florida, effective immediately.
Smith Group recognizes the importance of effective compliance as a critical component of success. In today’s highly regulated environment, reliance on sales, underwriting, claim management and marketing is not enough to achieve the desired result. Compliance administration and an ability to track and understand state and federal regulatory requirements must be an integral component of every insurance organization’s strategy.
Smith Group’s goal is to provide comprehensive compliance advice and assistance. Because we understand the expectations and goals of our clients’ business, we offer expertise on a wide variety of compliance matters with personal attention, innovation, commitment, and technical proficiency.
“Effective compliance is enormously complex and one of the most critical issues facing life and health insurers today,” explained Monica Rutkowski, Smith Group’s head of Compliance and Regulatory Affairs and a former regulator and compliance executive. “It not only demands in-depth knowledge and technical expertise, but also a thorough understanding of the ever-changing regulatory environment."
Ms. Rutkowski assists clients on a broad range of compliance issues arising out of the regulation of the insurance industry, including:
- Strategic Rate and Product Filing Advice
- Product Development
- Form and Policy Drafting
- Filing Submission for State and Compact Approval
- Support in the Resolution of Filing Issues
- Compliance Training
- Regulatory Research
- Representation of Clients before State Insurance Departments and NAIC
About Smith Group:
Smith Group is a disability reinsurance risk manager and consultant. Our primary differential advantages are long-term disability insurance expertise, a service-oriented approach, and research and development. These differential advantages are supported by an expert staff, integrated systems and a focus on actuarial and technological disciplines. Smith Group's value to its customers lies in the delivery of the best total disability reinsurance and consulting solutions through superior products, exceptional service and knowledge-based insight.
Visit Smith Group at http://www.smithgroupre.com
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