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Ensures Regulatory and Financial Compliance Through Periodic Reviews

The Compliance Review program helps to ensure compliance by the surplus lines agents relative to the export of surplus lines insurance contracts, to provide educational assistance to surplus lines agents where needed, and to measure the quality of service provided in the marketplace. Compliance Review is a module in the RAPID (Regulatory Administration Platform for Insurance Data) system designed for regulators and stamping offices.

Since the inception of the Compliance Review program in 2002, compliance rates have improved from 83% to 98%.