AML Compliance Solutions for Insurance

AML compliance is easier than ever for the Insurance Industry.

anti money laundering

Trusted by Over 300 Clients

adverse-media

Minimize the Risk Your Customer Bring

The insurance industry generates a massive flow of funds all over the world.Some of these funds might be dirty money. Insurance companies are vulnerable to financial crimes. Minimizing the risk your customer brings is essential. Sanction Scanner helps businesses to prevent financial crimes with our products.

sanction-list-screening

Automate your KYC process and Risk Assessment

Managing time effectively is important for businesses.Sanction Scanner automates your KYC process and risk assessment with its enhanced AI-driven algorithm. Sanction Scanner evaluates your data and creates alerts via technical integration (API), mobile-friendly web screens, or batch query channels. Integration with Sanction Scanner's flexible APIs is effortless.

full data coverage

Sanctions and Watchlist Data

Structured real-time sanction data

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PEP Data

PEP Data

Categorized PEP data

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Dynamic Rules and Scenarios

Dynamic Rules and Scenarios

Create rules specific to your risk level

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aml-name-screening

Comply with insurance regulations

Insurance companies have to comply with anti-money laundering regulations requirements. The risk-based approach is central to effectively implementing recommendations for the authorities such as BSA and FATF to fight money laundering and terrorist financing. The insurance industry's risk-based approach highlights the nature and level of money laundering and terrorist financing risks of the insurance industry. Sanction Scanner helps firms to implement these risk-based recommendations and rules.

pep-and-sanction-screening

AML Screening Software for Insurance Industry

Organizations serving in the ınsurance industry must fulfill their AML and KYC obligations during the customer account opening processes. With our AML Screening Software, Insurance companies can scan their customers in more than two hundred countries' sanctions, PEP, and adverse media data. The insurance industry has to comply with its AML and KYC obligations to avoid AML penalties.