Industry Solution

InsurTech Audit Logging

Regulatory-compliant audit logging for insurance technology platforms. Meet state insurance commissioner requirements, NAIC standards, and SOC 2 obligations with tamper-proof audit trails.

Overview

Insurance technology platforms are regulated by state insurance commissioners and must comply with NAIC (National Association of Insurance Commissioners) model laws and standards. The NAIC Insurance Data Security Model Law requires comprehensive audit trails for systems handling policyholder information. InsurTech platforms also face SOC 2 requirements from carrier partners and must comply with state-specific data breach notification laws. AuditKit provides the audit infrastructure that InsurTech companies need to satisfy regulators, carriers, and enterprise customers.

Compliance requirements

NAIC Insurance Data Security Model Law

State insurance commissioner regulations

SOC 2 Type II (required by carrier partners)

GDPR (for international operations)

State data breach notification laws

HIPAA (for health insurance platforms)

Events you should be logging

EventDescription
policy.createdNew insurance policy created
policy.modifiedPolicy terms or coverage changed
claim.filedInsurance claim submitted
claim.adjudicatedClaim decision rendered
underwriting.completedUnderwriting decision made
pii.accessedPolicyholder personal information accessed
rate.calculatedPremium rate calculated
agent.commission_changedAgent commission structure modified

Audit requirements for insurtech

Policyholder data protection

NAIC Model Law requires logging of access to policyholder nonpublic personal information, including who accessed it, when, and for what purpose.

Claims processing trail

Insurance regulators require complete audit trails for claims processing, from filing through adjudication, including all decisions and communications.

Underwriting transparency

Regulators require documentation of underwriting decisions including factors considered, data sources used, and outcomes. Audit logs support regulatory examinations.

Rate filing compliance

Insurance rate changes must be documented and filed with state regulators. Audit logs provide evidence of rate calculation methodology and approval workflows.

Why insurtech companies choose AuditKit

Tamper-proof audit trails

SHA-256 hash chains and Merkle tree proofs provide mathematical proof that your insurtech audit records have not been altered. This level of integrity assurance is increasingly expected by regulators and auditors.

Multi-tenant isolation

AuditKit enforces strict tenant isolation at the infrastructure level. Your customers' audit data is logically separated, satisfying data segregation requirements common in insurtech compliance frameworks.

SIEM integration

Stream audit events to your existing SIEM for real-time monitoring and alerting. AuditKit integrates with Splunk, Datadog, Elastic, and other platforms commonly used in insurtech security operations.

Open source transparency

AuditKit is open source, so your security team and auditors can inspect the code. This transparency is particularly valued in insurtech where trust and verifiability are paramount.

Frequently asked questions

What audit logging do InsurTech companies need?

InsurTech companies need to log policyholder data access, claims processing decisions, underwriting activities, rate calculations, and administrative changes. The NAIC Insurance Data Security Model Law specifically requires audit trails for systems handling nonpublic personal information. AuditKit provides tamper-proof logging that satisfies these requirements.

How does AuditKit help InsurTech companies satisfy state regulators?

State insurance regulators conduct examinations that require detailed audit evidence. AuditKit provides immutable audit trails with SHA-256 hash chains, a React viewer for regulator review, and configurable retention policies that meet state-specific requirements.

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Related resources

Audit logging built for insurtech

Tamper-proof audit trails that satisfy insurtech compliance requirements. Start from $99/mo.