Insurance Technology Industry News

TMCNet:  Compliance Assurance Corporation Continues Rapid Growth

[February 21, 2013]

Compliance Assurance Corporation Continues Rapid Growth

PITTSBURGH --(Business Wire)--

Compliance Assurance Corporation (CAC), a leading provider of regulatory compliance solutions for the insurance industry, has announced the addition of five new clients to start what is expected to be a year of pronounced growth for the firm. Last year saw CAC join the portfolio of offerings at StoneRiver Risk and Compliance.

"We see in CODE a platform that will allow us to effectively mitigate risks related to regulatory compliance, while at the same time ensuring efficiency in that process," said Michael Moser, Vice President and Chief Compliance Officer at Western & Southern Financial Group.

"To have deep regulatory analysis and easy-to-use process management available in a single system makes CODE a very exciting addition to our organization," said Linda Hickok, Vice President of Compliance at BCS Financial Corporation.

Jerry Shafran, CEO of Compliance Assurance Corporation, added, "We expect 2013 to be an incredibly positive year for CAC. Our continued growth is validation that implementing CODE is increasingly being viewed in the insurance industry as a best practice for regulatory compliance. We're thrilled to add firms like Western & Southern and BS Financial to our growing list of clients, and we can't wait for the rest of 2013."

About Western & Southern Financial Group

Western & Southern Financial Group (Western & Southern) is a Cincinnati-based Fortune 500 diversified family of financial services companies with assets owned and managed in excess of $55 billion as of September 30, 2012. The group maintains an AM Best Rating of A+ Superior. For more information, visit www.westernsouthern.com.

About BCS Financial Corporation

BCS Financial Corporation navigates value with strategic partnership solutions worldwide for insurance companies, brokers, agents, administrators, employers, employees, and individuals. BCS Financial is the holding company for BCS Insurance Company, BCS Financial Services Corporation, and 4 Ever Life Insurance Company. For more information, visit www.bcsf.com.

About CAC

Compliance Assurance Corporation (CAC) delivers workflow-enabled technology solutions that automate and simplify tasks related to regulatory compliance. The firm's flagship platform, CODE, provides the combination of regulatory intelligence and a comprehensive framework for managing regulatory changes across the organization, and it has been implemented by some of the nation's largest P&C and Life insurance companies. Compliance Assurance Corporation is a division of StoneRiver Risk and Compliance.

For more information on Compliance Assurance Corporation and Comply On Demand Enterprise (CODE)sm, visit www.complyfast.com or call 1-877-690-6201.


[ Back To Insurance Technology Homepage's Homepage ]

FREE Insurance Technology enewslettter.

Events

Weekly Live Demo
Contact Center Solutions

Register Today!