regul8

Statistical & Regulatory Reporting as a service

Achieve peace of mind by adopting our regulatory reporting best practices in our out-of-the-box solution.

regul8 transforms data, leveraging automation to enable users better to manage submission quality, corrections, and reconciliations.

Discover the Fast Lane to Guidewire Integration with REGUL8 CONNECT →

What is regul8?

regul8 is the only turnkey data platform specialized in managing and delivering all regulatory reporting functionality for (P&C) Property & Casualty insurance companies.

regul8 handles data transformation, data validation, error correction, reconciliation, submission process, and audit support.

  • Canadian Statistical Plans:

    • GISA ASP (General Insurance Statistical Agency Automobile Statistical Plan)

    • IBC (Insurance Bureau of Canada) Automobile Statistical Plan

    • FA (Facility Association) Risk Sharing Pool (RSP)

    • PSA (Plan Statistic Automobile) & FCSA (Fichier Central des Sinistres Automobiles) for Quebec’s GAA (Groupement des Assureurs Automobiles)

    • PRR (Plan de Répartition des Risques) also known as QRSP (Quebec Risk Sharing Pool)

    • InfoNiv

Dive Into regul8 Auto

  • US Statistical Plans:

    • Workers Compensation (WCPOLS, WCSTAT, WCIND)

    • ISO (Insurance Services Office)

    • NISS (National Independent Statistical Service)

Dive into regul8 WC

Decisions Made Better for P&C insurers.

  • Rapid Implementation

    Deploys quickly and manages data from varied sources, including client-specific models, aligning them into a single standardized schema based on regulatory criteria to generate all statistical submissions.

  • Automation & Efficiency

    Handles complex scenarios such as out-of-sequence endorsements, managing multiprovince variations, and correcting future transactions based on historical corrections — reducing manual effort and errors.

  • Data Quality and Compliance Readiness

    Pre-validates data to avoid deficiency fees and provides operational analytics to improve data quality, increasing compliance.

  • One Platform for All Auto Reporting Use Cases

    Submits each mandated statistical plan by jurisdiction or regulator-requested datasets, streamlining workflows and simplifying reporting.

  • Insight

    Cloud-Native Flexibility at Scale

    Delivers evergreen updates and on-demand performance that minimizes technical debt when processing data from multiple core systems, regul8 delivers output that ensures compliance with evolving Canadian auto regulations.

How does it work?

  • Extract

    Translate data from the core system to statistical data mart

  • Curate

    Validation, Errors Correction, Reconciliation

  • Format

    Translate data to statistical format

  • Submit

    Submission and confirmation to the statistical agent

The best part

  • Take advantage of the synergies and economies of scale gained by supporting and hosting our solutions for multiple clients.

  • Benefit from the latest features and upgrades every year to minimize your technical debt. This will minimize the need for costly upgrade projects in the future.

  • We have optimized our DevOps process to enable the setup of a new tenant in minutes without the need to coordinate across multiple teams. We can also scale your tenant on demand.

  • We know our software best, so we are the best positioned to efficiently monitor (reliability and security), support and maintain our entire technology stack.

  • Leverage the experience gained over multiple implementations and best practices around cyber security and cloud architecture.

Why Hubio SaaS?
 

Ready to get started?

Contact us to learn more about our suite of tools designed to make your processes simpler.
It’s never been so easy to meet compliance requirements.