National General’s team of legal and compliance experts use a disciplined methodology, leveraging ComplianceTrack, to assist you in maintaining compliant insurance programs in accordance with federal, state and local regulators, as well as investor requirements.
To assist with our clients’ compliance needs, we developed ComplianceTrack, our proprietary database of state, federal, regulatory and investor laws, regulations and guidelines. Information is documented in a structured database, enabling client policies and procedures to be reviewed against applicable laws, regulations and guidelines. We use ComplianceTrack modules for hazard, flood, and loss draft products and services.
National General's compliance program benefits
A collaborative effort is initiated to develop compliant solutions that strengthen our clients’ lender-placed hazard, flood and loss draft programs.
Our compliance framework guides the implementation of significant regulatory changes and client-initiated projects associated with the lender-placed insurance market. We review new laws, regulations and guidelines from a variety of sources daily. They are thoroughly vetted and assessed by our team of legal and compliance professionals and then implemented following a four-step process: