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Spotlight: Tackling insurance's regulatory tsunami

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The insurance sector is traversing a period of significant regulatory change.

A raft of new regulatory initiatives is placing ever-increasing pressure on firms as they overhaul their processes and adapt to new reporting requirements.

Eighty per cent of general insurance compliance professionals are struggling with high levels of regulatory burden according to a recent survey by REG Technologies, and 69% feel this burden has increased in the last year.

This article focuses on the solutions available to help the insurance industry address the regulatory tsunami.

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