For US Insurance Carriers, Brokers + Reinsurers
RiskWatch for Insurance is a risk and compliance platform that unifies every regulator + framework the sector faces on one survey-based evidence vault. Insurance carriers answer to 50+ state insurance departments, the NAIC Insurance Data Security Model Law (now adopted in 25+ states), NYDFS Part 500, MAR ICFR, and ORSA. Health insurers add HIPAA. Title insurers add RESPA. RiskWatch handles all of it as one survey-based assessment platform with state-by-state overlay support.
Trusted by US insurance carriers + brokers managing NAIC, NYDFS, MAR, ORSA programs across P&C, L&H, title, reinsurance, and broker-distribution institutions.
Why Insurance Compliance Teams Pick RiskWatch
RiskWatch runs NAIC Insurance Data Security Model Law, NYDFS Part 500, MAR ICFR, ORSA capital adequacy, and state-by-state insurance department examination as one workflow on one platform, scored against the same controls library, and tracked through a single DOI examiner-ready evidence trail. Replace the multi-state spreadsheet program with state-aware controls overlay that scales as additional states adopt NAIC Model Law.
Same controls library, state-specific overlays for each adopting jurisdiction. New state adoption surfaces as a coverage gap, not a separate program build.
Own Risk and Solvency Assessment, Model Audit Rule ICFR, and cyber controls share the same evidence vault. Internal audit captures once, ORSA refreshes annually.
Health insurance carriers add HIPAA Privacy + Security Rules. Title insurers add RESPA + state title-insurance regs. Same library, segment-specific overlays.
The Insurance Regulatory Landscape
NAIC Insurance Data Security Model Law has been adopted in 25+ US states and counting. Insurance carriers answer to 50+ state insurance departments simultaneously. ORSA capital adequacy filings happen annually. MAR Section 404 ICFR overlaps with state-by-state financial reporting requirements. Multi-state insurers run parallel programs unless evidence is unified.
Three Domains, One Platform
RiskWatch covers all three. Each domain has a dedicated workflow, scoring model, and remediation queue. They share data so a single ORSA evidence package satisfies state insurance department exams in 50+ jurisdictions, plus NAIC Model Law where adopted, plus MAR for ICFR.
Survey-based risk assessment across underwriting, claims, investment, operational, and reinsurance risk, scored against ORSA + ERM frameworks.
NAIC Insurance Data Security Model Law, NYDFS Part 500, MAR Section 404 ICFR, and state-by-state insurance department exam in one cross-mapped library.
Cybersecurity controls + privacy compliance aligned to NAIC Model Law, GLBA, HIPAA (health insurers), and state-specific privacy laws.
The Coverage Gap
Insurance GRC platforms cover ERM. ORSA specialists cover capital adequacy. NAIC Model Law assessors cover that one. State DOI vendors cover one jurisdiction. Each does one job. Multi-state insurance compliance teams still operate a parallel program per state.
| Platform Category | NAIC Model Law | NYDFS 500 | MAR ICFR | ORSA | Multi-state DOIs | HIPAA (Health) |
|---|---|---|---|---|---|---|
| Insurance GRC PlatformsRSA Archer, MetricStream | Partial | Partial | Yes | Partial | Partial | · |
| ORSA Specialty ToolsCapital adequacy + actuarial | · | · | · | Yes | · | · |
| NAIC Model Law AssessorsState adoption tracking | Yes | · | · | · | Partial | · |
| Internal Audit ToolsWorkiva, AuditBoard | · | · | Yes | · | · | · |
| Health Insurer PlatformsHIPAA + claims compliance | Partial | · | · | · | · | Yes |
| Spreadsheets & Email | · | · | · | · | · | · |
| RiskWatchThe unified state-aware platform | Yes | Yes | Yes | Yes | Yes | Yes |
RiskWatch is the only platform covering all six insurance compliance domains: NAIC Model Law, NYDFS Part 500, MAR ICFR, ORSA, multi-state DOIs, and HIPAA for health insurers. Insurance GRC platforms cover ERM. ORSA specialty tools cover capital adequacy. NAIC assessors cover Model Law adoption. Each does one job. RiskWatch unifies all six in one survey-based assessment workflow.
How It Works
RiskWatch is a survey-based assessment platform. The work is structured around questionnaires that capture cybersecurity, privacy, ICFR, and capital-adequacy evidence in a consistent format, then scored against every framework you certify against.
For insurance carriers, that workflow runs continuously across NAIC Insurance Data Security Model Law (state-by-state), NYDFS Part 500, MAR Section 404 ICFR, and ORSA. A single access-review record scores against §500.7, NAIC Section 4.D, MAR ITGC, and GLBA §314.4 simultaneously. ORSA refreshes annually pulling from the same evidence vault.
The same platform runs all of it, surfaces gaps before each state DOI exam, assigns remediation owners, and tracks completion. Replace the parallel programs with one library and state-specific overlay metadata.
Built For Your Role
Owns NAIC Model Law cybersecurity, NYDFS §500.17 dual cert, ransomware defense, and state-by-state insurance dept exam response.
One controls library covering NAIC + NYDFS + GLBA. State-specific overlay surfaces gaps per jurisdiction. §500.17 cert evidence year-round.Owns multi-state regulatory exam calendar, NAIC Model Law adoption tracking, and DOI examiner relationships.
DOI examiner-ready packages per state on demand. Score one control once, satisfy 25+ state regulators. Audit prep cycles compressed.Owns ORSA filing, enterprise risk register, capital adequacy modeling, and risk appetite framework.
ORSA refreshed annually from the same evidence vault. Capital modeling tied to operational + cyber + reinsurance risk.Owns HIPAA (for health insurers), GLBA Safeguards, NAIC Privacy Model Act, state consumer privacy laws.
HIPAA + GLBA + 13-state privacy laws on the same library. Privacy program survives multi-state expansion.Owns MAR Section 404 ICFR testing, NAIC Annual Financial Reporting Model Regulation, and audit committee reporting.
MAR ICFR + ORSA + cyber on one library. Internal audit captures once, feeds three regulatory cycles.Owns state DOI examiner coordination, market-conduct exam response, and rate-and-form filing risk.
State-specific overlay surfaces examiner expectations per jurisdiction. Examiner walks in to a current package.Built For Your Segment
Multi-state P&C exams, NAIC Model Law cybersecurity, MAR ICFR, ORSA capital adequacy, and reinsurance risk register.
HIPAA Privacy + Security Rules, NAIC Model Law, state DOI exams, claims-data privacy, and ORSA for L&H-specific capital risk.
RESPA compliance, state title-insurance regulations, ALTA Best Practices, and GLBA Safeguards for closing-data privacy.
Surplus lines compliance, broker E&O, state agent licensing, and consumer privacy across the placement workflow.
Reinsurance accounting, NAIC reinsurance disclosures, ceded risk register, and global solvency frameworks (Solvency II overlap).
Tech-stack security (SOC 2 + ISO 27001), state surplus-lines + admitted-market overlap, fronting carrier oversight, and BaaS-style partner risk.
Standards & Frameworks
Generic GRC tools were built for office IT. RiskWatch was built for state-by-state insurance department exam reality and the NAIC Model Law adoption wave.
Trusted by 1,500+ risk and compliance teams
Our compliance posture for NAIC ORSA, GLBA, and Solvency II used to require three separate binders of evidence. The platform pulled them into one library the actuarial team, the privacy office, and our reinsurance counterparties all reference. Time-savings hit 76% in the first year. Compliance scoring reached 96% across the program. The MAR audit committee got the cleanest ICFR package we've ever produced.
Free Resources
See It In Action
Most demos run 15 minutes. Bring a recent state DOI exam response, a recent ORSA filing, or a recent MAR audit committee finding. We will show you how RiskWatch would have surfaced the gap, scored the exposure, and tracked the remediation across every state regulator and capital-adequacy framework at once.
Or call US: +1 (XXX) XXX-XXXX
