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.

Decisions Made Better for P&C insurers.

  • Peace of Mind

    Peace of Mind

    Automated alerts for events such as late source data and out-of-balance processing, and evergreened SaaS model to minimize technical debt.

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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.

  • regul8 supports the following regulatory & industry data submissions:

    • IBC (Insurance Bureau of Canada) Automobile Statistical Plan

    • IBC Commercial Liability 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)

    • CGI AutoPlus Phase 2

  • US Statistical Plans:

    • Workers Compensation (WCPOLS and WCSTAT)

    • ISO

    • NISS

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.

 

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.