BUSINESS INTELLIGENCE
FOR THE INSURANCE INDUSTRY

The REG system has helped us streamline our processes in relation to our Producers and has made the due diligence process much simpler and time efficient. Also, the REG team have consistently made efforts to help with all our queries and have been very receptive to add features to the system.

Management of our Agency database has been significantly enhanced during our 5 year partnership with REG. The REG solution is embedded within our Agency processes. Having real time notifications of legal or regulatory changes to our Broker partners is invaluable and allows us to react swiftly.

Atrium has used REG's Broker monitoring tool for several years now. Increasingly we are seeing acceptance from Brokers to use the facility, as it aligns with market wide initiatives for electronic trading. There is also the increased pressure on time, and anything that automates and simplifies business processes is a welcomed improvement. REG fulfils those objectives!

We have used REG’s services for several years now and it has improved our ability to efficiently manage the legal and statutory risks throughout our distribution chain. The online platform allows us to retain all of our third-party information in one place and is easy to manage. REG enables us to undertake simple and speedy onboarding due diligence, the email alerts provide us with real time ongoing monitoring ensuring our oversight accurately reflects our third-party partners current position.

REG gives us peace of mind. Checks that we were doing on a periodic basis are now done automatically with any changes brought to our attention when they happen. It is now an integral part of our systems that we would not want to lose. We don’t know of any system that can do it as well as REG can.

Using the REGTech monitoring services for our Sub-Agents and Authorised Representatives saves us so many hours each month compared to carrying out manual checks on numerous websites. REG enables us to issue Terms of Business Agreements in seconds and create reports for Insurers or Regulators in minutes. The team that we deal with are very friendly, nothing is too much to ask of them, and they can even create specialist reports when we need them.

The REG Network is a benefit the Insurance industry needs to get a hold of! REG solutions are now at the heart of our Broker onboarding and management process. Since partnering we have enjoyed a first class personal relationship and service with people that understand our business. We benefit from real time regulatory oversight and automated alerts and have achieved material efficiencies in our working practises.

We’re getting on with the new system well and remain happy with it.  We went through an audit late November last year, and the auditor was pleased to hear we were making good use of REG.

The REG service has eased our hefty administrative burden immensely. The REG alerts are the fulcrum point of our Broker monitoring process and enable us to manage our large portfolio by exception. The information, which is easy and speedily accessed from REG is invaluable too.

We’ve used REG for a number of years now, and it helps us manage our relationships with other Brokers. It takes a lot of the time out of the due diligence process for us, and we would recommend it to others!

The key win in using REG's platform is improved processing and oversight of data. Without doubt, our Broker onboarding and management processes are now more structured, more straightforward and more efficient. The alerts and notifications the REG Network provides enables better, more constructive two-way conversations with our Broker agencies.

We're glad we decided to work with REG. The REG system is intuitive and ensures a quick and organised management of our Brokers network. It allows us to screen entities (i.e. credit risk) before entering into TOBAs with them, and if satisfactory, a TOBA can be put in place in seconds. This also benefits the business. I have hardly had any problems at all and customer service is efficient and quick. Well done!