Gain Compliance
Gain Compliance offers specialized software for insurance statutory filing, enhancing data quality and automating compliance processes.
Services
Gain Compliance offers insurance statutory filing software designed to enhance the efficiency and accuracy of financial reporting. Their technology automates manual tasks, such as document formatting and updating with NAIC and SAPWG guidelines. This automation ensures consistency between Notes and electronically filed data and significantly improves data quality.
NAIC Statutory Filing
Gain Compliance provides a modern approach to technology for statements filed with the National Association of Insurance Commissioners (NAIC). Their recent analysis of Statutory Financial Statements revealed that over half of the filed documents were not compliant with NAIC guidelines in two or more areas. The software addresses these issues, helping carriers meet regulatory requirements with greater ease.
Automated Document Formatting
The company's software automates the manual task of document formatting. This capability integrates updates from the NAIC and SAPWG, ensuring that all data remains consistent between Notes and electronically filed documents. Automation reduces the chances of human error and streamlines the filing process for reporting teams.
Location
Gain Compliance is located at 904 Walnut St. #100, Des Moines, IA 50309. This central location allows them to efficiently service hundreds of carriers by improving data quality and enhancing the reporting experience.
Resource Library
Gain Compliance maintains the industry's best resource library for insurance statutory financial reporting teams. This library serves as an essential tool for teams to access up-to-date guidelines, best practices, and regulatory updates necessary for accurate and compliant financial reporting.
