REG Technologies

🎉NEW YEAR, NEW YOU!🎉 Happy new year from all of us at REG Technologies. The wait is over and we are pleased to announce the launch of REG Exchanges! Seamlessly integrated with The REG Network, Exchanges revolutionises the future of information sharing, acquisition and analysis. Whether you’re gathering information across a supply chain, or managing contracts, Exchanges ensures you operate Faster, Smarter, Safer. Make this year the year you transform interaction with partners and customers. Firms that arm themselves with the best tools and analytics are arming themselves for success. See why 2024 doesn’t need to be like 2023 and see the big picture with REG Exchanges >> https://lnkd.in/eAGj6tMU #REGExchanges #regtech #insurance #financialservices #compliance #documentexchange

In the insurance market, firms are legally compelled to conduct Know Your Business (KYB) and Know Your Customer (KYC) checks to mitigate financial fraud and money laundering risks and ensure compliance with national and international regulations. Without proper systems in place, carrying out these necessary checks can be difficult, ultimately compromising business opportunities. Head of Customer Success, Nathan Banfield, explores the importance of KYC checklists for insurance firms, the three main steps involved, and the role of RegTech in automating and streamlining KYB/KYC compliance processes. Learn more ➡️ https://lnkd.in/ehavVhzx #KYB #KYC #RegTech #Insurance #Compliance

Manual processes are no longer enough for the insurance industry. Leading insurers like AXA UK are turning to technology to bridge the compliance gap and drive efficiency. Discover why the industry is recognising RegTech as an essential investment, not just an option, in Insurance Post’s recent article in collaboration with REG ⬇️ https://lnkd.in/e3D8aCeR #RegTech #insurance #compliance #technology #innovation

Do you want to simplify your document and information sharing processes? From gathering information across a supply chain to contract management, REG Exchanges offers end-to-end oversight for all your critical due diligence tasks.  Whether it’s: ✅  ESG compliance ✅ Tackling Consumer Duty requirements ✅ Ensuring robust Vendor Due Diligence ✅ Strengthening Information Security REG Exchanges has you covered! Swipe to learn more ⬇️ Discover how you can work faster, smarter and safer with REG Exchanges >> https://lnkd.in/eAGj6tMU #REGExchanges #regtech #documentexchange #insurance #financialservices

#Movember highlighted the challenges many men face - mental health struggles, the stigma around asking for help, and the pressure to appear strong. The month is a powerful reminder that real change starts with open, honest conversations and creating spaces where men feel safe to share their struggles without fear of judgment. The journey doesn’t end here. Let’s continue to check in, listen, and support one another, turning awareness into meaningful action. For practical insights and actionable advice on supporting men and fostering meaningful change, watch our 'Mind Matters' panel event from last year. The discussions and guidance shared remain just as relevant and impactful today: https://lnkd.in/eniEaEPy Together, we can break the stigma and make a lasting impact 💙 #mensmentalhealth #IMD2024 #Movember #Movember2024

Your December REG Reviews Edition is Here! Last month, the FCA reviewed life insurers' bereavement claims processes, brokers were advised to revisit policies ahead of Employment Rights Bill enforcement, ISO introduced new global ESG guidelines to accelerate adoption of sustainable business practices and O2's AI "granny" rollout is shaking up scamming attempts.   Read these articles and many more as we bring you all the important news and views in the insurance and financial services world… #REGReviews #regulatory #finance #ESG #cyber #technology #insurance #financialservices

🎙️ Exploring The Role of Technology in Fair Value Management and Assessment We explored this topic with Nigel Spencer, Global Development Manager at RSA as he shared his insights on the transformative role of technology in insurance, especially post-Covid. The discussion highlighted how digital advancements have redefined traditional processes at hubs like Lloyd's of London, moving from in person negotiations to tech enhanced interactions. Key Insights: 🎯 Enhanced Transparency: The adoption of technology improves transparency and the flow of information, particularly crucial after recent events like major US storms, aiding in better loss understanding and claim management. 🎯 Improved Risk Management: With better models and analytical tools, insurers can assess risks more accurately, leading to more strategic decision-making and fairer pricing for clients. 🎯 Competitive Dynamics: While technology drives more competitive market conditions, it benefits consumers by providing them with more options and better prices. As we continue to connect with industry leaders and gain insights straight from the heart of the market, you might catch us around the city as we bring these conversations to life. We'd love to hear your thoughts on how tech is shaping our industry - stay tuned for more updates from our REG Insights series... Watch our full suite of interviews here >> https://lnkd.in/ez6gtics #REGInsights #insurance #RegTech #technology #fairvalue

We always talk about the need to attract fresh talent into the insurance industry, so how amazing is it to actually do something about it? Last week I had the privilege of speaking at the Lloyd's Careers Insight Day, organised by the Inclusion at Lloyd’s Partner Networks - Gender Inclusion Network, iDAWN & The Insurance Families Network. Focused on showcasing the variety of non-traditional roles in insurance and inspiring the next generation to join our sector, I shared my journey into marketing within the insurance industry, what a typical day looks like, and my advice for those considering a career in this space. Key advice in a nutshell: ✨ Turn setbacks into opportunities: every challenge is a chance to grow. ✨ Imposter syndrome can be your superpower: use it as fuel for motivation. ✨ No idea is a bad idea: innovation starts with thinking differently. Thank you to the organisers and fellow speakers from Zurich Insurance, WTW & RPC for spotlighting roles across, legal, finance, and operations. It was inspiring to see students and career returners engaging with such enthusiasm. This event was a reminder of how diverse, dynamic, and rewarding our sector is and why it’s so important to continue showcasing these opportunities. Let’s keep making it happen to make insurance a choice not chance! 🎲 Daniel Stead Sophie Meeks Ed Adams Sonakshi Rao Frederica Moore

Compliance is the cornerstone of trust in the insurance industry. By embracing RegTech, firms ensure stronger collaboration and creating a unified, compliant foundation that benefits every stakeholder in the insurance ecosystem. Read how RegTech is moving beyond just a 'nice-to-have' luxury in Zoë Parsons' recent article in Insurance Post ⬇️ https://lnkd.in/e5qSdP62 #regtech #compliance #insurance #regulation #duediligence

The insurance and financial services industries are undergoing a profound transformation, driven by the need to navigate shifting regulatory landscapes, meet rising customer expectations, and unlock opportunities for greater operational efficiency. However, without embracing innovative technology, these sectors risk falling behind. missing vital updates, stifling growth potential, and failing to capitalise on emerging opportunities. Victoria Slade, Head of Sales, explores how firms should explore advanced tech solutions to remain competitive and agile... Learn more >> https://lnkd.in/dpsaKHSH #compliance #insurance #regulatory #duediligence