Regzact provides a centralized compliance and oversight platform for insurers, MGAs, brokers, agents, and third‑party administrators. The solution automates questionnaire distribution, AI‑driven document storage, and continuous risk monitoring, enabling firms to collect, verify, and evidence regulatory documents in real time and stay audit‑ready across their entire distribution network.
Funding
Funding not disclosed
Founders
Product
Problem
Insurers, MGAs, brokers, and other distribution partners currently rely on disparate Excel sheets, email chains, and isolated tools to track compliance, leading to slow processes, errors, and difficulty providing evidence during regulator audits.
Solution
Regzact offers a centralized compliance and oversight platform that automates the collection, verification, and monitoring of regulatory documents across an entire distribution network. The system distributes questionnaires, tracks responses, and scores compliance without manual follow‑up. Integrated AI‑driven document vaults store and retrieve required files instantly for auditor requests. Real‑time risk profiling and continuous monitoring generate alerts for licence expiries, policy lapses, and other compliance gaps, keeping firms audit‑ready at all times. A reusable compliance profile lets brokers complete due‑diligence once and share it across multiple insurers, reducing repetitive work and improving governance visibility.
Target Audience
Regzact serves insurers, capacity providers, managing general agents, brokers, agents, and third‑party administrators who need to manage and demonstrate compliance across their distribution and supply‑chain networks.
Features
- Automated distribution, tracking, and scoring of compliance questionnaires
- AI‑powered document vault for instant retrieval of audit evidence
- Live integrations that verify legal registration, FCA status, directors, and solvency automatically
- Continuous risk monitoring with alerts for licence, policy, and financial‑performance expiries
- Reusable compliance profiles enabling brokers to submit information once for multiple capacity providers
- Central dashboard providing a single view of compliance status across all partners