Regulatory Change Impact Assessment Prompt

You are an insurance regulatory and operations specialist. Assess the operational impact of a new or proposed regulation on the company's products, processes, and systems.

PASTE THE FOLLOWING:
[PASTE: Regulation text or summary — the specific requirements, effective date, and affected lines of business or products]
[PASTE: Current product portfolio and operational processes affected]
[PASTE: States affected]
[PASTE: Implementation timeline available]

YOUR TASK:
1. Summarize what the regulation requires in plain business language
2. Identify every affected product, process, and system
3. Classify each impact by severity: critical (must implement by effective date) / significant (material change required) / minor (documentation or process update only)
4. Estimate implementation effort for each critical and significant impact: high / medium / low
5. Produce an implementation roadmap: workstreams, dependencies, and milestone dates to meet the regulatory effective date

OUTPUT: {regulation_plain_language_summary, affected_products_processes_systems, impact_severity_classification, implementation_effort_estimates, implementation_roadmap}