How Insurers Use FinScan
Truly Know Your Customer
Know who you are doing business with and make well-informed decisions when selling a policy, paying out claims, etc., even when third-party agents are involved.
Screen entities and payments beyond basic legal requirements with advanced risk data sets and for all persons involved, from policy holders, to beneficiaries and persons with significant entity control.
Deter Financial Crime
Don’t let bad actors use your business for money laundering or other financial schemes. Detect and deter high-risk transactions for policy premiums and claims payouts with cutting-edge screening technology designed to outpace evolving financial crime schemes.
Faster Onboarding & Payments
Integrate AML operations seamlessly into your claims processing and policy issuance workflows to resolve cases faster, scale operations and compliance, and provide a seamless experience for your customer.
Reduce Manual Review
Save time by streamlining manual case processing and eliminate the noise of time-consuming false positive matches.
of the World’s Top 20 Insurance Companies
Rely on FinScan for Their AML & KYC Compliance
Reassure Regulators
Exceed your regulatory requirements with advanced risk datasets, evaluation models, and robust processes, all supported by detailed audit trails.
Why Finscan?
Holistic Risk Approach
FinScan provides a complete AML & KYC Compliance program, so you can properly evaluate your risk exposure from all facets in one place.
Better Data & Better
Screening Tools
Most companies switch systems due to bad data leading to inaccurate results.
Data expert, FinScan leads the industry with data quality tools and matching algorithms to reduce false matches and identify hidden risk exposure.
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