NAIC Compliance & Reporting Services
Risk retention groups, special purpose, and association captives, pools and certain other licensed insurance companies are required to submit, at least annually and most often, quarterly statements to The National Association of Insurance Commissioners (NAIC) and states the company is licensed or registered to do business.
The NAIC maintains an information database to aid state insurance commissioners in detecting and preventing insolvencies and data validation resolutions.
Information should be filed timely and accurately. The Amethyst team will deliver relevant resources and systems to meet these filing obligations.
As specialists in technical regulatory compliance rules and procedures, Amethyst staff can provide preparation and reporting services either i) on a stand-alone entity level fee-for-service basis or ii) as part of our on-going management client service obligations in the regular course of business.