AML and compliance
Every client and payout recipient is screened against sanctions lists with a log entry. If the screening provider is unavailable, the result gets the status “for review”, not “clear”. Transactions above the country’s mandatory monitoring threshold are flagged automatically.
Plan All plans.
What is inside
- Sanctions screening with a log
- Portfolio rescreening at the frequency the insurer sets
- Screening providers for five countries
- Mandatory transaction monitoring thresholds under each country’s law in its currency
- Four types of data subject consent with a version history of the text
- Personal data encryption with AES-256-GCM, keys in HashiCorp Vault
- Data anonymization at the data subject’s request in one operation
Connections
- Sanctions lists
- Tax services
- Credit bureaus in five countries
Conditions
The insurer signs the contracts with screening providers. Without a provider, a check is not considered passed.
Frequently asked questions
What if the screening provider is unavailable?
The check gets the status “for review” and waits for a manual decision. The system does not treat a client as clear without the provider’s response.
How often is the portfolio screened?
At the frequency the insurer sets. Rescreening runs as a background job across all active clients.
Can personal data be deleted on request?
Yes. Anonymization in one operation covers scans, addresses, correspondence, sessions and saved cards.
Use cases with this feature
Other features
Shall we show the system on your products?
We will build your product in the builder, take a policy from quote to claim and estimate the implementation cost for your lines of business and countries.