CF Compliance Consulting Group

CF Compliance Consulting Group is a full-service compliance consultancy specializing in federal and state financial services and insurance compliance and regulatory matters.

We provide comprehensive, flexible solutions from risk assessments and operational reviews to the development of enterprise risk management and compliance programs. We generate strategic, actionable solutions to mitigate risk and enhance compliance with state and federal regulations, while proactively monitoring emerging issues. Our aim is to safeguard your organization and minimize risks.

With extensive knowledge of the dynamic landscape of state and federal financial services and insurance regulations, coupled with our years of experience, CCG is well-equipped to assist clients in building effective compliance frameworks and responding to regulatory challenges and opportunities.

Services

• Respond to Regulatory Requests: Assisting clients with timely and comprehensive responses to regulatory requests from entities such as state departments of insurance (DOI) and other relevant regulatory bodies. This includes tracking responses and reporting to senior leadership to ensure transparency and accountability in the compliance process.
• Marketing Review and Approval: Thorough review and approval processes for marketing materials related to insurance and financial products through various channels such as websites, podcasts, videos, social media, and print materials, including agent recruiting.
• State and Federal Regulatory Monitoring: Monitoring state and federal regulatory developments affecting the insurance and financial services industries. Provide regular briefs and updates to help clients adapt their compliance strategies accordingly.
• Third-Party Risk Management: Designing and implementing robust third-party risk management systems for insurance and financial services companies. This includes:
  • Counterparty due diligence
  • Cybersecurity and outsourced IT
  • Vendor due diligence
• Policies and Procedures Management: Offering policy and procedure management solutions to help insurance and financial services companies develop, maintain, and enforce compliance policies and procedures.
  • Development and maintenance of policies based on model language and regulatory updates
  • Archiving and versioning for record-keeping purposes
  • Policy attestation by staff and/or affiliates
• Risk Assessment and Mitigation: Developing and deploying thorough risk assessments to identify and prioritize compliance risks for insurance and financial services companies.
• Market Conduct Exams: Assisting clients with responses to market conduct examinations.
• Updating Variable Product Registration Statements: Assisting clients in updating variable product registration statements.
• Mock Exams: Offering mock regulatory examinations to help insurance and financial services companies prepare for actual regulatory audits.
• Compliance Audits and Reviews: Performing independent compliance audits and reviews to assess the effectiveness of internal controls and processes within insurance and financial services organizations. Provide actionable recommendations for improvement and remediation as needed.
• Privacy and Data Protection Compliance: Helping clients comply with privacy laws and regulations such as the Health Insurance Portability and Accountability Act (HIPAA) and the General Data Protection Regulation (GDPR) for handling sensitive customer information. Draft incident response plans and checklists.

Contact:

Erin VanSickle is president of CF Compliance Consulting Group, providing comprehensive and strategic solutions for insurance and financial services clients. She specializes in federal and state financial services regulatory compliance, helping clients navigate complex and evolving regulatory environments, mitigate risks, and enhance compliance programs. Erin also serves as an insurance regulatory and government affairs consultant at Carlton Fields, advising clients on a variety of issues related to insurance regulation, government affairs, enterprise risk management, and strategy and operations. She represents insurtech and govtech startups, legacy carriers, and large corporate entities with issues before state and federal agencies and state legislatures.

Erin holds a master's degree in risk management and insurance from Florida State University and is a Florida-licensed insurance agent. She previously served as deputy chief of staff for the Florida Office of Insurance Regulation.