Insurance Compliance Services

Remain compliant with the latest regulations in the insurance and legal industries with help from the experts at Lou Penn & Associates, Inc. To learn more about the compliance resources we offer, contact us to speak with a helpful member of our team.

Compliance Services
Our consulting team concentrates on helping insurers solve regulatory compliance problems. We help you identify and correct issues before a state exam occurs. Performing a mock audit reveals problem areas in your company's operations that can be fixed before an on-site state examination.

Equipped with the knowledge gained from a mock audit, you then implement corrective actions to greatly reduce the administrative time and costs associated with market conduct examinations. We can also provide you our interactive "Individual Company Compliance" database to view your company's current and past company market conduct examinations in a matrix/chart format on your on your own intranet website.

Additional Services We Offer:
• File Reviews, Seminars, Auditing Checklists view your company results in a violation matrix/chart on your own secure website in your the privacy of your compliance team by policy, claim, etc., by type of product or line of business and by the state(s) and line of business that you are writing. These results can be accessed on you company intranet web and provided to the areas in you company involved in compliance. You can view/add or modify past or current audit market conduct result/issues. You can just add them to your own secure intranet version of our "View Company Violations Database" and pass the results on to other departments in your company for review.

   • Starting a Market Conduct Compliance Department or Program
   • Preparing for Your Next State Insurance Department Examination
   • Finding New Solutions to Avoid Being the Target of Costly Exams
   • Assessing Current Compliance Methods & Procedures to Determine Areas of Vulnerability
   • Satisfying Regulatory Requirements That Vary from State to State and Constantly Change
   • Research Projects
   • Remedial Actions
   • Consultations
   • Mock Exams
   • Re-Exams
   • Seminars
   • Training

Maintain the highest standards of insurance compliance with help from our agency.