Case Study: Talcott Resolution streamlines statutory reporting with Sovos

Talcott Resolution Streamlines Statutory Reporting with Sovos

Talcott Resolution, part of Talcott Financial Group, needed a more efficient way to handle statutory reporting, training, and printing after adding staff and expanding its workload. Its previous process was slow and siloed, with only administrators able to access manuals and trainings, validations taking over an hour, and annual statement printing locking users out of the system. Sovos and its Statutory Reporting solution were selected to address these challenges.

With Sovos, Talcott Resolution improved internal controls, gave all users access to training materials, enabled live validations, and sped up side-by-side comparisons and printing. The company can now import 50 zip files in about five minutes and print statements while continuing other work, instead of waiting one to one-and-a-half hours. Sovos also helped Talcott Resolution better support 100 users and scale more smoothly as the business grows.

Talcott Resolution

Lindsie Simpson

Senior Accountant, Statutory Reporting