 Hamilton
Smith Associates researches regulatory changes for potential impact on the current
life, annuity and health industry practices.
When
bills are passed by the US Congress and implemented by the US Treasury as law,
business requirements are needed to provide proactive first-cut implications for
insurers. These include the potential product lines impacted, new calculations
or procedures required for compliance and other details to support practical deployment.
Hamilton
Smith Associates was founded specifically to assist developers of insurance industry
software solutions with administrative regulatory compliance. Even the best software
engineers may fail to notice the particulars involved with a "set of laws" that
will impact the way a piece of software must ultimately function. Working directly
with your developers and end users, our professionals concentrate on the regulatory
practices of the life and annuity insurance industry with special emphasis on
Federal level regulatory and compliance activities. Our
Services Operational
assessments of your existing life and annuity software. Access
to our library of life and annuity compliance administration documentation. Notification
of compliance changes and updates through white papers and alerts. Confer
with your software architects, software developers and designers to help them
understand the attention required to maintain regulatory and compliance vigilance. -
Additional consulting is
offered on an hourly time and materials basis for research or expansion on specific
regulatory or compliance issues.
Please
contact us so that we can outline the best way to provide regulatory answers for
your specific needs. |