Just Auto Insurance Strengthens Insurance Compliance by Selecting Wolters Kluwer Solutions

Insurer selects NILS™ offerings to further enhance its compliance capabilities

Los Angeles-based Just Auto Insurance is further strengthening its compliance program efforts through the use of Wolters Kluwer Compliance Solutions offerings. To bolster its regulatory compliance capabilities, Just has selected NILS™ INsource® while also implementing NILS™ Matrices, NILS™State Filing, and NILS™ Cancellation & Non-Renewal.

“Ensuring compliance with insurance regulations and rules that differ depending on the state in which you operate has always been a significant and ongoing challenge,” said Natasha Brereton, Head of Compliance for Just Auto Insurance. “The NILS solution suite is helping us meet those challenges, providing a cost-effective and more efficient approach to managing ever-evolving rules and requirements. Our compliance program efforts are significantly enhanced through the combination of these offerings that are supporting our team.”

NILS INsource is a web-based tool for efficient and effective research, allowing insurers to monitor the vast array of regulatory content and to readily assess compliance ramifications of evolving insurance obligations. Insurance compliance professionals can obtain focused, accurate content in significantly less time by leveraging the tool’s uniquely indexed insurance content, thus providing greater accuracy and more relevant search results, and vastly enhancing their compliance efforts. NILS™ INsource is used as a definitive primary content resource by nearly 7,000 insurance professionals and departments in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.

“The NILS INsource suite of solutions offers insurers a solid foundation upon which to manage the breadth and complexity of ever-changing regulatory compliance obligations they face,” said Steven Meirink, Executive Vice President and General Manager, Wolters Kluwer Compliance Solutions. “We are pleased to collaborate with Just Auto Insurance in delivering these enhanced capabilities to augment their existing compliance program initiatives.”

NILS Matrices enable insurers to easily create and maintain compliance surveys and charts, providing regulatory information in a flexible U.S.-jurisdictional chart format to help reduce time spent researching and maintaining requirements, while improving compliance results. NILS State Filing is a web-based research and transmittal forms tool designed to help state filers minimize speed to market delays and reduce processing time. And NILS™ Cancellation & Non-Renewal provides insurers accurate and efficient processing of cancellation, nonrenewal and conditional renewal notices with flexible workflow options, current forms and compliance monitoring tools.

Wolters Kluwer Compliance Solutions is a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. banks and credit unions, insurers and securities firms. The business, which sits within Wolters Kluwer’s Governance, Risk & Compliance (GRC) division, helps these financial institutions efficiently manage risk and regulatory compliance obligations, and gain the insights needed to focus on better serving their customers and growing their business.

Wolters Kluwer’s GRC division provides an array of expert solutions to help U.S. financial institutions manage regulatory and risk obligations. Wolters Kluwer Compliance Solutions’ OneSumX® for Regulatory Change Management helps insurers and other financial institutions effectively manage the enormous breadth, scope and volume of ever-evolving legislative and regulatory changes, providing structured, actionable content to help ensure compliance. Wolters Kluwer Lien Solutions’ iLien for Lien Management solution enables lenders to manage and address risks in their entire UCC lien portfolio with analytics, visibility and automation. Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR), meanwhile, is a global market leader in the provision of integrated regulatory compliance and reporting solutions.

About Wolters Kluwer Governance, Risk & Compliance

Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to help ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes. GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.

About Wolters Kluwer

Wolters Kluwer (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2020 annual revenues of €4.6 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs approximately 19,200 people worldwide.

About Just Auto Insurance

Just Auto Insurance, Inc. is a subsidiary of SF Insuretech Inc, a Delaware Corporation. Whereas traditional auto insurance is based around the idea that certain groups of people are more likely to get into accidents, Just Auto Insurance is based on how people actually drive. Its smartphone app tracks how people drive and rewards smart driving behaviors, as reflected in one’s insurance rates. To learn more, visit http://www.just.insure.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210727005055/en/