LexisNexis US has launched a web-based application designed to save insurance companies millions of dollars in non-compliance penalties.
The financial solutions provider says the product combines industry-leading content and analysis in a fully integrated web-based application. Among its other features the software contains a compliance index, expert insights, advisory board and expert blog.
Molly Miller, director of insurance product strategy, said, LexisNexis Insurance Compliance gives insurers confidence that their teams can understand the constantly changing rules and regulations. We essentially bring experts to the desks of insurance compliance professionals trying to do high pressure work on deadline, every day.