Insurance Networking News recently interviewed Debbi Marquette on the topic of regulatory compliance. Marquette is a former insurance company compliance officer with 25 years of experience. Currently, she is director of compliance solutions at InSystems, a Markham, Ont., provider of document management and compliance software.INN: What are the most crucial issues in compliance today?
DM: Insurers need to develop and file new products faster while eliminating regulatory slip-ups. They have to make sure that their processes reduce regulatory risk. No one wants their company to be penalized by an insurance department and become the next mini-Enron.
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