Wolters Kluwer Launches AI-Enhanced OneSumX Reg Manager to Streamline Regulatory Compliance for U.S. Insurers

(IN SHORT) Wolters Kluwer Compliance Solutions has launched OneSumX® Reg Manager, an AI-powered solution to help small and midsize U.S. insurers more effectively manage regulatory changes. The new tool, part of the OneSumX portfolio, provides automated tracking of regulatory updates, leveraging AI and expert-generated content to minimize compliance risk without the complexity of traditional software implementations.

(PRESS RELEASE) ALPHEN AAN DEN RIJN, 14-08-2024 — /EuropaWire/ — Wolters Kluwer Compliance Solutions has introduced OneSumX® Reg Manager, an AI-powered tool designed to streamline regulatory change management for small and mid-sized US insurance companies. This new solution, powered by NILS INsource® regulatory content, is the latest addition to Wolters Kluwer’s respected OneSumX portfolio. The portfolio is known for helping financial institutions across the United States effectively manage regulatory change.

Vikram Savkar, Executive Vice President and General Manager, Wolters Kluwer Compliance Solutionsemphasized the significance of this launch: “Our suite of insurance compliance products has long been a trusted resource for insurers, providing user-friendly and responsive solutions that help manage the complex and ever-changing regulatory landscape. OneSumX Reg Manager combines AI-powered automation with our expertly curated regulatory content to offer smaller U.S. insurers a powerful compliance tool.”

OneSumX Reg Manager provides a structured feed of regulatory content from relevant state and federal agencies, enhanced by AI-enabled libraries and real-time updates. The tool’s automated tracking system allows insurers to identify regulatory changes, align them with their lines of business, and monitor the implementation of those changes while minimizing the risk of noncompliance. Importantly, it offers these capabilities without the extensive implementation process typically associated with other regulatory change management software.

Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our clients make critical decisions every day by delivering expert solutions that combine deep domain knowledge with technology and services.

David Feider
Deputy Director of External Communications
Financial and Corporate Compliance
[email protected]
+1 (612) 852-7966

SOURCE: Wolters Kluwer NV