Alert!
Compliance Guidelines: United Arab Emirates
Compliance Guidelines: Germany
UK to Launch World’s First Sanctions Regime to Target Upstream People Smuggling
Utah Lawsuit Alleges TikTok Livestreams Facilitated Money Laundering Activities
Why Should states conduct AML Due Diligence for CBI/RBI Investment Schemes?
How can businesses comply with US sanctions on vessels?
Difference In AML: DNFBPs Vs Financial Sector
Difference in EU and US Sanctions Programs - How It Impacts Compliance?
How Regulatory Gaps Fueling Money Laundering in High Risk Jurisdictions?
Mapping Anti-Money Laundering Regulations in Malaysia
Detect Risk to Never Let Threat Persist
AML in Insurance? With higher net worth comes higher risk. Prevent your business from onboarding fishy customers by accessing global information about high-profile clients.
- Receive real-time updates against industry-specific risks
- Create custom risk engines based on your risk appetite
- Efficient remediation with accurate matches, reducing alert fatigue
The Challenge
Inefficient data, Inefficient Risk Assessment
With the surge in fraudulent claims and evolving AML insurance regulations, identifying risks for each client has become a cornerstone of claims management and policyholder verification. Legacy solutions often fail to address the needs of insurers, leaving gaps in fraud prevention.
Our Solution
Consistently Monitor Customers To Safeguard Your Reputation
Screen your clients, prevent fraudulent claims, and minimize underwriting risks using AML Watcher's extensive AML Screening suite.
Access legal data globally for enhanced claims adjudication
Stay informed with real-time updates on policyholders' legal and regulatory status
- Monitor disputed territories and jurisdictions with less than 100,000 population
- Analyze risks across 80+ languages in 235+ countries and territories
Evaluate Customer Risk Throughout the Policy Lifecycle
Optimize policy risk evaluation by accessing millions of data points, including:
- International leaks databases to identify global threats
- 60 years of historical data for actionable insights
- PEP lists (1.4 million profiles) for effective customer due diligence
Corruption indicators and adverse media screening for risk profiling
Use our LLMs to calculate the sentiment score associated with your clients' news and determine the risk level to associate with them. Why It Matters for Insurers:
- Utilize 400+ risk categories for detailed insurance fraud detection
- Get real-time updates on client's profiles for proactive remediation
- Screen against 50k+ adverse media sources for comprehensive coverage analysis
Don't just take our word; hear from our clients!
Navigating through adverse media sources often chaotic and overwhelming content can be challenging. Still, AML Watcher's proprietary biometric data matching capabilities can achieve complete accuracy and filter out false positives.
Anti Money Laundering Officer
AML Watcher maintains such features as 1300 plus diverse watch-list databases, over 200 comprehensive sanction regimes, 235 plus countries while ensuring comprehensive coverage, over 5000 reputed and reliable media sources with global coverage, 80 plus languages enabling multilingual reach, and finally over 100,000 unique reliable data sources.
Sanctions Advisor / Associate Director
AML Watcher's vision is to create a simple solution with as little operator activity as possible, which can improve the defense against money laundering and reduce the impact of money laundering.
Head of Compliance - Eleving Consumer Finance CEO / Founder - Edulatica
Empower your AML compliance!
What does “Good AML Data” mean for AML Watcher?
Your AML screening solution is as promising as the weakest link in your data chain.
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Publications
AML screening is crucial for the insurance industry, but navigating its complexities can be challenging. How do you ensure thorough risk assessments while minimizing fraudulent claims? Uncover strategies and insights in our latest publications.
Learn More
Blogs
What role does AML screening play in protecting your business from financial crime? How can insurers balance regulatory compliance with efficient claims management? And what tools are reshaping screening for sanctions, adverse media, PEPs, and more? Dive into these topics and more in our latest blogs.
