Ace Your Next Market Conduct Exam…

Poor market conduct exams can result in a number of unhappy consequences for your company.  In addition to whatever monetary penalties your company may face (which can be punishment enough), poor exams may also lead to:

  • increased scrutiny by regulators including corrective action plans, regulatory monitoring, more frequent follow-up exams, and exams by more states;
  • further administrative action including possible suspension or revocation of your company’s certificate of authority;
  • targeting by law firms that specialize in class action and bad faith suits against insurers; and
  • a corrosive effect upon the company’s overall brand and business reputation.

Better market conduct exam results require a proactive approach.  The Lawson Firm offers a number of services to help companies ensure that their business practices are up-to-date and inline with current regulatory requirements.  These include:

  • updating company research, compliance matrices, and compliance procedures;
  • creating custom compliance matrices and procedures;
  • point-of-sale reviews to ensure that the company is using all of the new business disclosures and signature forms currently required by a state for each business line;
  • customized audit plans to enable the company to conduct its own compliance audits;
  • targeted compliance audits conducted by The Lawson Firm (remote or on-site);
  • compliance training to help ensure adherence to compliance procedures; and
  • representation for actual market conduct exams.

Please contact us to let us know how we can help your company ace your next market conduct exam.

Contact the Lawson Firm

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