Avoid financial, legal and brand risk and keep the market safe for consumers with Red Marker’s compliance solution.
Insurers looking for the ideal marketing compliance management solution will be able to create more compliant content faster with the help of advanced risk detection. Red Marker’s API delivers better workflows by integrating with a range of project management and web applications that marketing and legal professionals use every day.
Compliance challenges in the insurance sector
Whether marketing material is produced directly by the insurance provider or an agency, all advertisements must undergo a thorough compliance review. Technology is offering new opportunities to advertise in a variety of mediums, and the scope of what is considered ‘misleading’ is continually changing. Marketers and legal professionals need a compliance solution to address all the factors—from disclaimers to certifications.
Protecting consumers through compliance accuracy
The European Insurance and Occupational Pensions Authority, the National Association of Insurance Commissioners and the Australian Securities & Investments Commission work to regulate the insurance industry but most importantly, to protect consumers. Red Marker is a ‘spell check’ for compliance, analyzing and identifying any instances of misleading claims, missing disclaimers, and more. With custom logic, Red Marker checks for industry-specific risk elements to ensure consumers are receiving all the information they need.
Red Marker helped ensure necessary disclosures were present and consistent.
Marketing Compliance Manager Global Asset Management Company (USA)
Why use Red Marker?
Automating marketing and legal review is simple, and will save on company resources while avoiding compliance risk. Up to 30 times faster than manual review alone, insurers can better manage their marketing compliance efforts at scale.
- Reduce the time it takes for legal compliance teams to review marketing, promotional, and advertising materials
- Help content creators address issues in real time such as misleading claims, high-risk phrasing or inaccurate product information on promotional material to ensure consumers make informed purchasing decisions
- Improve content turnaround times and ensure that marketing is making better, more compliant content
- Streamline the formal regulatory approval process on submitted promotional materials intended for distribution