|
The need for consulting for compliance and filing functions is more important than ever before. State and Federal regulatory demands on the industry are complex and fast paced resulting in a varied and demanding workload. This makes it difficult for companies to become expert in any one jurisdiction or product and can slow down even the most basic compliance efforts which is compounded with corporate downsizing due to the economic downturn and the fact that competition doesn't wait. This results in an unprecedented strain on product development and filings necessary to keep a company's available portfolio not only compliant and current but innovative as well.
COMPLIANCE SOLUTION: L&E understands these challenges. As an industry leading consulting firm, we provide comprehensive assistance with all aspects of compliance issues. Starting with initial development and research all the way through to timely state approvals, we can manage all the details or do as much or as little as you need. Whether you require our assistance on a contractual or project-by-project basis, our broad knowledge, depth of experience and industry relationships afford us the ability to expertly address and resolve your compliance needs.
SERVICES: L&E offers a comprehensive array of services designed to streamline the compliance process, maximize efficiency and minimize hassles - no matter how many or in which states you do business. We are an authorized SERFF Third Party Filer with EFT capabilities. We apply our expertise and attention to detail in the compliance services we offer including:
- Draft policy language for both new products and product enhancements.
- Thorough product review, including all required form revisions, with applicable state/federal laws and related required checklists prior to filing to ensure compliance, completeness and accuracy for expedited approvals.
- Prepare all required submission documents including completion of general filing information and required transmittals and certifications.
- Regular contact with insurance departments regarding status of pending form filings; applicable research and timely responses to insurance department inquiries/correspondence; work closely and expeditiously with insurance departments throughout the approval negotiation process.
- Comprehensive status reports delivered twice monthly or more frequently, if desired, documenting the status of your filing project.
PRODUCTS: Our compliance expertise in both individual and group products includes:
- All forms of Life Insurance and Annuities
- New York filings
- Compact filings
- Major Medical and "Mini-Med" plans
- Association plans (both contributory and non-contributory) including extraterritorial requirements
- Critical Illness and Specified Disease
- Limited Benefit/Supplemental Products including dental, vision, prescription drug, hospital confinement, surgical and accident plans
- Disability Income
- Medicare Supplement
- Long Term Care
- Credit
- Discount Medical Plans including license/registration of organizations
- Managed Care and PPO plans
Lewis & Ellis, Inc. - The Right Compliance Consulting Choice Whether you have a single research and filing request, a specific topic or project, or you plan to establish an ongoing relationship with us, L&E will tailor-make our compliance services to meet your specific and/or specialized compliance needs.
| 
