Country: UK
Year: 2015
Concept
- CoVi Analytics provides three systems to reduce compliance costs
- CMILE is a computer program that gathers fragmented regulations, like insurance regulation Solvency II
- Users can develop basic practices for the management of compliance
- CORE is a computer program that is still under development. It aims to automate repetitive and manual tasks related to compliance
- K-BASE is an online repository with information or advice on compliance issues
Consumer Benefits
- Facilitated regulatory: through the CMILE programme
- Time saving: when looking for complex information on insurance regulation
- Fast and efficient management: simplified management means quicker processes and thus a productivity gain for compliance
- Accelerated processes: via automation in the future CORE programme
How To Use
- For the moment, CMILE is a Beta programme
- The user can request the Beta programme and test it by registering their basics information on the CoVi Analytics website