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Statutory Reporting for Insurance

Sovos Statutory Reporting

Description

Streamlines the preparation and filing of insurance statutory reports, ensuring full NAIC compliance

Features
Real-time data validations
Dynamic linking across NAIC statements and state compliance forms
Comprehensive handbooks for statement preparation
Data connectivity options for automated data updates and internal reporting
Pricing

Based on the number of insurance companies requiring statutory filings

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Ensure NAIC compliance and simplify filings with Sovos' statutory reporting solution

Sovos Statutory Reporting
Statutory reporting is a time-consuming process with manual tasks like preparing NAIC statements and state forms, cross-checking data, re-entering redundant information, adding notes, and monitoring compliance changes. These repetitive processes drain valuable resources and hinder operational efficiency.
streamlines these tasks, saving time and ensuring accuracy, so your business can focus on strategic priorities.

60% of US Insurers Rely on Sovos Statutory Reporting – Here's Why

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Education Services
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Provides educational resources and seminars for employees to complete statements more effectively.
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