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These combined functionalities not only transform operational governance and oversight efficiencies, but have a significant impact on businesses’ abilities to accelerate trade, expand trade partner portfolios and ultimately provide faster routes to revenue.

Zoë Parsons

Marketing Manager

How Compliance Software Can Alleviate Regulatory Burden

In today’s rapidly evolving business landscape, regulatory compliance has become a significant challenge for financial institutions and other regulated industries. The ever-changing and complex regulatory requirements place a heavy burden on organisations, leading to increased costs, resource allocation, and operational inefficiencies. However, a silver lining appears through the rise of compliance software, which serves as an innovative solution to manage the abundance of regulatory requirements.

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Zoë Parsons

Insights, views and talking points from REG

Building a Faster, Smarter, Safer Market: Research Report 2024

This research report delves into the challenges posed by the ever-evolving regulatory landscape, which have resulted in decreased process efficiency and compliance impacts. Despite the proliferation of technology, the market remains hesitant to fully embrace regulatory technology (RegTech) solutions. However, businesses that have adopted RegTech have experienced significant benefits in streamlining their compliance operations. How can the market overcome the barriers and leverage technology to thrive in the face of regulatory pressures?

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REG Reviews – November 2024

Last month, experts dispute FCA concerns over brokers’ compliance with fair value, whilst the regulator tightens focus on premium financing firms, banks are warning customers about “quishing” scams, scientists achieved a breakthrough in DNA data storage, the FCA reveals ongoing issues of workplace misconduct in the London insurance market, emphasising the need for cultural change...

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Product Governance Review: Guidance for Insurance Firms & Role of RegTech

The FCA’s latest report on Product Oversight and Governance (PROD 1.4 and 4) for General Insurance and Pure Protection products has issued a clear call to the insurance industry: it’s time to ensure products genuinely meet customer needs and deliver fair value. Amid today’s challenging economic climate and an escalating cost-of-living crisis, regulators are emphasising the importance of fair treatment and strong customer outcomes more than ever...

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Mental health initiatives

Empowering Mental Health Initiatives in the Workplace

Every year on October 10th, we observe World Mental Health Day, a moment dedicated to raising awareness about mental health issues around the globe and one that encourages worldwide conversation about mental health. In the workplace, where we spend a significant portion of our daily lives, mental health is a critical topic. Addressing mental health not only supports individual employee well-being but also enhances overall organisational health through improved productivity and engagement.

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Behind Every Piece of Technology, There's a Human

Behind Every Piece of Technology, There’s a Human

Technology often feels like an unstoppable force, transforming industries, automating processes, and reshaping how we live and work. While these advancements bring incredible opportunities, they also come with some aspects of apprehension. From concerns about job displacement to fears of a faceless, algorithm-driven future, many people view technology with a mix of both excitement and anxiety.

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REG Reviews – October 2024

Last month, the FCA released its Product Oversight and Governance review and increased scrutiny of Principal Firms' oversight on ARs, REG partnered with Insurance Post to debate whether RegTech is a luxury or a necessity for tackling regulatory challenges, Insurance Business TV featured industry leaders discussing DEI and talent issues in the insurance sector, and rising concerns over deepfake and document fraud continue to affect the industry...


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Enhancing Counterparty Risk Monitoring and Oversight for Life Insurers

The life insurance industry is grappling with increasing regulatory demands and outdated manual processes, both of which make effective counterparty due diligence and oversight hard to uphold. To meet the regulatory requirements from the FCA and PRA, firms operating in the life insurance sector must ensure their operations and counterparty due diligence is constantly a key compliance priority. Managing these challenges with traditional outdated, often manual approaches, is no longer sufficient, and the growing need for sophisticated compliance systems is proving essential to meet the demands of regulatory obligations and enhance compliance...

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Driving Compliance Efficiency for Life Insurers with RegTech

The life insurance industry is facing numerous challenges that impact efficiency within compliance functions, including manual processes, heightened regulatory scrutiny, data silos, and the increasing difficulty of attracting skilled professionals. These inefficiencies slow down business operations, increase the risk of compliance errors, and strain resources. However, technology solutions, particularly RegTech, presents an opportunity to modernise how life insurers operate by enhancing efficiency, improving accuracy, and optimising resources...

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Building the Trusted B2B Network in Insurance with REG Verified

At REG, we are on a mission to build the largest and most trusted B2B network in the insurance industry. We understand that businesses need to connect quickly and confidently when forging new relationships, without the burden of regulatory obligations slowing them down. That’s why we created REG Verified — The Trusted Status for Businesses...

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REG Insights from insurance industry experts at the MGAA Annual Conference

REG Insights – MGAA Annual Conference

Join us as we interview industry leaders, uncover key trends, and deliver actionable insights that empower you to drive the insurance and financial services sector forward. On July 11th, REG Technologies attended the MGAA Annual Conference as a key sponsor. As part of the day we spent time talking to key players in the MGA sphere about the challenges and opportunities in the market and how the 'Power of Partnerships' is crucial to advancing the sector forward...

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REG Reviews

REG Reviews – September 2024

Last month, the FCA published a discussion paper aimed at bettering the commercial regulatory landscape, the average UK home insurance has skyrocketed, the increase in severe weather damages is compelling insurers to think of stronger strategies, and REG's new module REG Verified is set to revolutionise the insurance market...

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