Aithent Government Technology Solutions
Deeply involved in helping state and municipal government departments and agencies embrace automated systems to improve performance and quality of service to their constituents, Aithent Government Technology Solutions offers a wealth of experience and innovation to the public sector. In many respects, this Aithent unit is the leader in regulatory automation. Each and every day more than 40 percent of insurance-related regulatory transactions are done on Aithent-developed technology. Aithent solutions play key roles in 22+ states, including Arkansas, Delaware, Maryland, New York and Washington.
Regulators today require cutting-edge technologies and solutions to meet the challenges of regulating the ever-changing market and ensure high-end consumer protection and services as well as effective revenue collection and credentials management for all business operations, professional services, equipment use and recreational activities.
Aithent has leveraged vast experience to create high-value regulatory solutions and a team of highly-skilled professionals with a total of more than 300 person years of experience serving the regulatory arena. Aithent provides solutions that are either Custom-Off-The- Shelf (COTS) or unique and custom to meet specialized requirements. We go beyond the delivery and implementation of solutions. Our capabilities extend to re-engineering and consulting.
Aithent has an exceptionally strong track record in electronic licensing that began in 1995 when we started working with the New York State Insurance Department (NYSID) in the development of an online licensing solution to support licensing regulatory needs of the department. NYSID continues to use the solution today – which has been enhanced and advanced over time to where the system in-place today reflects the best of online and system technology. In addition, the solution is supported by Aithent staff. In addition to New York, the states of Arkansas and Washington use Aithent licensing solutions.
In 2002, the National Association of Insurance Commissioners (NAIC), a public-interest organization of the chief insurance regulatory officers of the 50 US states and District of Columbia, licensed Aithent-developed online technology platform for use as a Web-based, workflow-enabled, licensing solution. It has been deployed by the NAIC under the brand State-Based Systems (SBS) in more than 22 states. SBS is used to address licensing of insurance professionals, consumer services, enforcement, revenue management and other functions. Today, more than 40 percent of all insurance regulatory-related transactions are powered by Aithent technology.
Aithent is committed to the acceleration of the automation of licensing and like processes as evidenced by its development of and investment in the Aithent Licensing System (ALiS) which can handle most forms of professional compliance
For example, Aithent offers a Web-based solution engineered for the entire range of credentialing of insurance carriers, brokers and independent agents. Compliance with governmental and industry regulations can result in fines and disciplinary actions as well as damage to a company's brand image.
Aithent markets to the insurance industry the Web-based Professional Compliance & Requirements Management (PCRM) system with versions tailored to the needs of carriers, brokers and agents.
PCRM™ allows insurance professionals to focus on their primary business while it tracks the complex requirements of national and regional compliance regulations.
More than an automated manager of a mind-boggling number of processes, PCRM is a critically important, component of a true end-to-end solution that manages the entire lifecycle of a professional's licensing and compliance requirements, from on-boarding, pre-licensing education, background checks, initial and renewal license processing for resident and non-resident situations, appointment approvals, renewals and terminations as well as continuing education.
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