August 5, 2020
New York, NY – Risk Priorities Inc. has successfully implemented its RegTechIQ™ solution, and is pleased to be partnering with Regulatory Insurance Advisors, a leading advisory firm that provides services to insurance regulators, policymakers, insurers and regulated entities. Through insightful collaboration with Regulatory Insurance Advisors, Risk Priorities designed and implemented new features to meet its partner’s specific needs. According to John Humphries, CEO of Risk Priorities, the team at Regulatory Insurance Advisors presented us with a unique use case that has given us the opportunity to expand our solution’s capabilities. RegTech solutions in the 21st century have to be agile and responsive to new and changing environments. We look forward to additional opportunities to exercise our creativity and technical expertise on future projects. According to Holly Blanchard, President of Regulatory Insurance Advisors, “Our partnership with Risk Priorities will enhance our overall approach to Market Conduct Examinations, with very favorable outcomes for our state clients and insurance regulation in general. We anticipate and look forward to a long partnership with Risk Priorities.”
About Risk Priorities Inc.
Risk Priorities provides leading-edge RegTech solutions to Financial Service companies. In helping companies to address regulatory and compliance challenges, Risk Priorities believes that effective interactions with regulators and taking control of compliance are required to execute a company’s business model, and innovate in the future. The Risk Priorities enterprise solution, RegTechIQ™, digitizes a bank’s high-risk compliance processes. It then aggregates the data and insights needed to be successful with regulators. By using RegTechIQ™, a Financial Service company obtains transparency, and can take control of its regulatory relationships and compliance.
About Regulatory Insurance Advisors
Regulatory Insurance Advisors provide subject matter expertise on a broad scope of insurance regulatory and insurer business matters including: identifying and resolving market conduct concerns; regulatory crisis management for insurers; product and rate regulation; promoting financial stability of insurers; management of complex insurance regulatory matters for insurers and regulators; protecting consumers from non-compliant insurer practices; evaluating and enhancing insurer compliance programs and risk frameworks; and Mental Health Parity and related product regulation. RIA’s team of experts are dedicated to providing timely assistance for emerging, complex and traditional insurance regulatory issues. Our committed focus on enhancing insurance regulation results in consumer protection and sustained positive outcomes.
Risk Priorities Inc.
Regulatory Insurance Advisors