Vermont has released information on new TPA regulations signaling new licensing requirements for TPAs operating in the state. The rule will become effective. The Pennsylvania Insurance Department (PID) announced the implementation of a new program designed to encourage innovation in the insurance industry by removing barriers.

Westmont offers a uniquely comprehensive array of services designed to streamline the compliance process, maximize your efficiency and parallel track project components. Our goal is to provide you with best practices that facilitate speed to market.

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About Report

Westmont brings an unparalleled team of seasoned professionals, including contract/compliance specialists, attorneys, claims experts, accountants and actuaries. Our senior staff possesses insurance company experience and also includes former regulators. The principals on our staff have been senior executives at insurance companies throughout the U.S.

Corporate Producer Licensing/Individual Producer Licensing Report

We regularly form, license and maintain producer firms/agencies on a nationwide basis and manage the producer licensing process. Tracking and renewal services are available. Westmont is uniquely able to assist in establishing best practices and procedures. We provide on-going compliance services to our client base.

MGA/TPA Licensing & Health Utilization Report

Westmont has experience with both U.S. and alien MGA and TPA applications, and provides guidance and assistance with all components of the application process. Our expertise is highly effective in helping clients navigate varying state requirements. We also track and renew licenses to assist with ongoing compliance matters.

State Filing Services Report

Westmont specializes in the submission of SERFF form, rate and rule filings for all life/health, property/casualty, credit, mortgage, and financial guaranty lines insurance. Our available services include research, product development and rate comparisons. State filings are constructed in SERFF to meet specific state requirements and guidelines.

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