Fireman’s Fund Insurance Company Chooses Wolters Kluwer Financial Services’ Insurance Compliance Solutions Business Wire WALTHAM, Mass. -- February 13, 2013 Today Wolters Kluwer Financial Services announced that Fireman’s Fund Insurance Company has chosen its NILS INsource and NILS INcompass offerings to help monitor and implement regulatory changes. As the U.S. insurance industry continues to face a high volume of regulatory and legislative changes, managing those changes, as well as implementing new process implementation requirements, can be a daunting task for insurers. In 2012, about 19,000 statutes, regulations and bulletins affecting insurers were newly created, revised or issued. Additionally, more than 7,300 insurance-related bills were introduced into state legislatures and Congress. NILS INsource, an insurance regulatory content solution, is used by more than 10,000 insurance professionals for statutory and regulatory research and analysis in all 50 states, the U.S. federal government, the District of Columbia, the Virgin Islands and Puerto Rico. It integrates with NILS INcompass, a workflow tool that helps compliance and legal professionals monitor and implement ongoing regulatory changes within their insurance organizations. The solution also helps insurers keep track of their progress in applying new industry laws and regulations. “We take regulatory compliance seriously and are continually looking for ways to improve our processes. These solutions help our compliance team simplify regulatory research, while ensuring relevant regulatory changes are being implemented throughout the company,” said Sally Narey, chief legal officer at Fireman’s Fund Insurance Company. “Additionally, the process NILS INcompass guides us through is consistent with Lean Six Sigma concepts, which was a key factor in choosing a solution for our organization.” “Fireman’s Fund Insurance Company has built a strong reputation, rooted in innovative solutions and a dedication to its customers,” said Pam Ewing, general manager of Insurance Compliance Solutions at Wolters Kluwer Financial Services. “NILS INsource and NILS INcompass support this effort by providing a solid foundation for its compliance program, helping ensure the organization continually makes informed decisions about regulatory compliance risk management.” For more information about Wolters Kluwer Financial Services’ Insurance Compliance Solutions, visit: http://www.wolterskluwerfs.com/insurancehome.aspx. About Wolters Kluwer Financial Services Whether complying with regulatory requirements, addressing a single key risk, or working toward a holistic risk management strategy, more than 15,000 customers worldwide count on Wolters Kluwer Financial Services for a comprehensive and dynamic view of risk management and compliance. Wolters Kluwer Financial Services provides audit, risk, finance and compliance solutions that help financial organizations improve efficiency and effectiveness across their enterprise. With more than 30 offices in 20 countries, the company’s prominent brands include: FRSGlobal, FinArch, ARC Logics for Financial Services, Bankers Systems, VMP® Mortgage Solutions, AppOne®, GainsKeeper®, Capital Changes, NILS, AuthenticWeb™ and Uniform Forms™. Wolters Kluwer Financial Services is part of Wolters Kluwer, a leading global information services and solutions provider with annual revenues of (2011) €3.4 billion ($4.7 billion) and approximately 19,000 employees worldwide. Please visit our website for more information. About Fireman’s Fund Insurance Company Founded in 1863, Fireman’s Fund Insurance Company is celebrating its 150^th anniversary as a premier property and casualty insurance company providing personal and commercial insurance products backed by industry-leading claims and risk management solutions. Fireman’s Fund is a leader in high-net-worth, entertainment, and green insurance. Since 2004, it has donated more than $29 million in grants to local fire departments across the U.S. as part of its commitment to safer communities. Fireman’s Fund is a member of the Allianz Group, one of the world’s largest providers of property and casualty insurance, ranked 28th on Fortune’s Global 500 list of the world’s largest corporations. For additional information, visit www.firemansfund.com. Contact: Wolters Kluwer Financial Services Jennifer Marso, 612-852-7912 Vice President, Corporate Marketing & Communications firstname.lastname@example.org On Twitter: @JenniferMarso or Angela Peterson, 612-656-7745 Corporate Communications Manager email@example.com On Twitter: @AngiePeterson
Fireman’s Fund Insurance Company Chooses Wolters Kluwer Financial Services’ Insurance Compliance Solutions
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