Client & Industry
Client: Insurance Company, Zug
Industry: Insurance
Challenge
Regulatory changes (FADP, EU AI Act) required manual reviews. 2 compliance staff spent 20% of their time on document review.
Solution
Automated Regulatory Monitoring
We implemented a system that monitors regulatory sources in real time. Changes in the FADP, EU AI Act, and industry-specific regulations are automatically captured, classified, and assessed for relevance to the company. The compliance team receives only the truly relevant updates - instead of manually sifting through hundreds of pages.
Document Classification and Gap Analysis
Existing company documents (policies, process descriptions, contracts) are automatically checked against current regulations. The system identifies gaps and creates prioritized action recommendations. This way, compliance officers always know where adjustments are needed.
Compliance Dashboard and Reporting
A central dashboard shows the current compliance status of all relevant regulations. Automated reports for management and external auditors are generated at the push of a button. Audit preparation, which previously took weeks, is now completed in a few days.
Training and Change Management
In parallel with the technical implementation, we trained the compliance team on using the new system. Automated notifications and task lists ensure that regulatory changes are implemented promptly. The combination of technology and process optimization ensures sustainable compliance.
Results
100+ Hours Per Year Saved
100% Regulatory Compliance
3x Faster Audit Preparation
Testimonial
“Automated compliance monitoring gives us confidence. We always know where we stand.”
Head of Compliance
Head of Compliance, Insurance Company Zug
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