The Insurance industry has seen an influx of activity which has made it imperative for the regulatory bodies to increase the number of regulatory requirements it has imposed on it. The inherent nature of this sector is data intensive and hence, the companies operating here have to integrate all their data on a centralised framework and follow certain standardised control procedures in order to avoid unwanted hassles and data loss.

The compliance officers working in such companies have to report to a number of regulators at multiple levels. Thus, they need to focus on technology driven processes which offer consistency and streamlining of various activities.

VComply offers a best in class GRC solution to the insurance industry by offering flexibility to scale, as and when required, in an extremely dynamic environment. It provides information related to various global regulations facilitating an organization to meet its compliance requirements on time.

  • I.R.D.A. Regulations
  • Form 15-Quarterly Submission
  • Form 12-Annual Return
  • Application For License Under Regulation No.5
  • Application For Renewal Of License To Reach I.R.D.A.
  • Form J-Insurance Bank Accounts Of Insurance Brokers
  • Training Requirements To Be Complied For Renewal
  • Submission Of Half-Yearly Unaudited Financial Statements
  • Form O-Capital Structure And Shareholders Details
  • Form L-Claims Data For Insurance Brokers
  • Balance Sheet Of Insurance Brokers
Insaurance Sector

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