Your next market conduct finding is already in your code.
Your policy admin system calculates tax and regulatory rules thousands of times a day. RegDecoded turns federal and state rules into automated tests and runs them on every release, so you find the miscalculation before your regulator, your auditors or your policyholders do.
Regulation changes by state, by date and by product. Your test plan doesn't.
Today, analysts read statutes, build spreadsheets and hand-write test cases, then hope they still hold after the next release. It's slow, it's expensive, and the gaps only show up in an exam or a complaint.
Every state writes its own rules
Death claim interest, free-look, grace periods, nonforfeiture and withholding all vary by state, and sometimes by where the beneficiary lives rather than where the policy was issued.
The rules keep moving
Some state interest rates track a market index and change every month. Statutes get renumbered and amended. A rule configured correctly last year can be wrong today.
No one owns the regression
Core platform upgrades, vendor patches and product launches all touch the same tax and regulatory logic. Most carriers re-test it manually, if they re-test it at all.
Regulators are already fining carriers for calculation errors. In Vermont alone, life insurers have been fined between $53,000 and $287,000 in individual cases for underpaying interest on death claims, plus restitution to beneficiaries.
One test suite. Three problems off your desk.
Fewer fines, less restitution
Catch underpayments and misreported taxes before they become penalties, remediation projects and headlines.
Ship releases with confidence
Run hundreds of regulatory and tax scenarios on every build, in minutes rather than weeks of manual UAT.
Audit-ready evidence
Every pass and fail is tied to the statute or IRS rule behind it, with effective dates, ready for your next market conduct exam.
From statute to test result, automatically.
Decode
Federal and state rules are turned into precise, machine-checkable logic, with citations and effective dates.
Generate
Test scenarios are built for every edge that matters: boundaries, effective dates, jurisdictions and plan types.
Run
Scenarios run against your policy admin system on every release. You see pass, fail and the rule behind each result.
Stay current
When a state or the IRS changes a rule, your test suite updates. No spreadsheet rewrite, no missed change.
Every tax and regulatory rule that touches a life or annuity transaction.
Starting with life and annuity, where the calculation risk is highest.
Distribution tax
Federal1099-R codes and taxable amounts, Form 5498, RMDs, the 10% early withdrawal penalty, 1035 exchanges, exclusion ratios.
Withholding
FederalElections, mandatory withholding on eligible rollovers and non-resident withholding.
Life insurance tax
FederalIRC 7702 definition of life insurance and 7702A MEC testing.
State tax
StateState withholding on distributions, premium tax and state-level reporting.
Product law
StateDeath claim interest, claim payment timing, free-look and grace periods, nonforfeiture minimums, policy loan rates.
Servicing
StateUnclaimed property and Death Master File timelines, required notices and their triggers.
Akshaya (Aks) Ramanarayanan
- Experience
- 13+ years in enterprise software engineering
- Domain
- Life & annuity policy administration and reinsurance platforms
- Products
- Fixed, multi-year guaranteed and indexed annuities
- Credentials
- AWS Certified Solutions Architect · PMP
Built by someone who has written these rules into a policy admin system.
Most recently, Aks built life, annuity and reinsurance capabilities on a leading insurance core platform used by North American carriers, working across engineering, business analysis and product. That meant turning tax code and state regulation into working software, line by line.
- Wrote product requirements for fixed, MYGA and indexed annuities, down to the IRC citation
- Built IRS 1099-R and Form 5498 distribution-code matrices by plan type
- Mapped NAIC suitability requirements across all 50 states
- Engineered reinsurance platform features as a senior full-stack engineer
RegDecoded is the tool Aks wished every carrier had: an independent, always-current check that the system does what the regulation says.
Help shape the first release.
We're working with a small group of life and annuity carriers and platform vendors. Design partners get early access, input on rule priorities and founding pricing.