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Insurance Regulatory & Compliance
Overview
Data privacy issues. Suitability standards. Group capital determinations. Relentless change in regulation — further accelerated by emerging technologies and business trends — makes this a dizzying time for the insurance community. Faegre Drinker is on top of it. Our professionals help clients keep pace with change, ensuring that compliance, regulatory, and risk management programs reflect the shifts and realignments necessary to avoid problems and remain competitive. We offer insightful counsel on the issues that impact how insurers are regulated, such as insurance product design, distribution, and compliance. We also assist in responding to inquiries and formal investigations by state insurance departments and maintain significant engagements with the National Association of Insurance Commissioners (NAIC) and other standards-setting, regulatory, and trade organizations. And our deep involvement in related disciplines, including insurance marketing, sales, and communications practices, as well as insurance licensing and expansion of authority, gives us a better grasp on matters and the ability to advise confidently on the practical applications of insurance regulation — always thoughtfully tailored to your needs and overall business goals.
