ComplyCube delivers advanced KYC insurance and AML insurance compliance solutions that enable insurers to detect fraudulent claims in real time. With automated policyholder verification, AML screening, and continuous monitoring, insurers can protect portfolios and strengthen trust.
Our proprietary AI streamlines insurance AML compliance, cuts costs, and delivers seamless onboarding for individuals and corporate clients.
Leverage smart KYC and AML checks to stop fake claims and high-risk policyholders. Adjust your risk-appetite based on insurance type or underwriting process.
Stay compliant, reduce risk, and simplify operations. Our AML and KYC insurance tools integrate with claims, underwriting, and policy systems.
Reduce KYC delays and drop-offs. Deliver frictionless policyholder onboarding, faster approvals, and higher conversion rates while lowering compliance costs.
Faster CUstomer Onboarding
Speed up policy issuance with automated KYC onboarding. Use workflows customized to meet business needs and regulatory requirements.
Collect accurate claimant and policyholder documents to cut approval delays, reduce drop-offs, and boost conversions across your insurance portfolio.
Simplify Compliance Processes
Embed powerful AML and KYC insurance compliance solutions directly into underwriting and claims processes. Choose the intuitive no/low-code integration options in the market for the fastest integration.
Utilize bespoke eKYC insurance tools to streamline workflows and make confident compliance decisions at every customer lifecycle stage.
Advanced AML Solutions
Harness advanced compliance solutions to prevent insurance fraud and onboard with precision, speed, and scale.
ComplyCube is certified to globally recognised standards such as ISO 9001, ISO 27001, and ISO 30107-2, and is fully compliant with the UK DIATF, the EU’s eIDAS, and US NIST security requirements. Our holistic framework delivers multi-layered protection for policyholder and claimant data across the insurance lifecycle.
ComplyCube helps insurers meet AML and CFT requirements worldwide by aligning KYC insurance, ID verification, sanctions screening, and due diligence with leading regulatory frameworks.
These include EU AMLD6, UK FCA, US NAIC, AUSTRAC, MAS, UAE DFSA, and Saudi SAMA. Together, they ensure compliance with the world’s toughest standards.
With a 98% onboarding rate across 250+ markets, our AML insurance compliance solutions strengthen fraud prevention, streamline policyholder journeys, and ensure consistent global regulatory adherence.
Run global KYC insurance and AML insurance checks across 220+ countries. Stay ahead of fraud and meet strict insurance AML compliance standards.
Build and update your own watchlists of claimants, brokers, or companies. Enhance KYC insurance and AML insurance processes with tailored compliance.
Deliver seamless KYC insurance and AML insurance checks across web, mobile, and apps. Accelerate onboarding while meeting insurance AML compliance needs.
Designed for global insurers, ComplyCube ensures reliable KYC insurance and insurance AML compliance with enterprise-grade security and audit controls.
How to Safeguard Your Firm Against Insurance Fraud
Tailor customer due diligence to each policyholder’s risk profile, ensuring targeted scrutiny where it’s needed most. Seamlessly adopt a risk-based approach aligned to FATF AML insurance guidelines.
Utilize ComplyCube’s smart and advanced biometric checks built for the KYC customer onboarding process in insurance. Verify claimant authenticity and secure every insurance transaction.
Maintain continuous compliance with automated sanctions, PEP, and adverse media screening solution. Receive instant, real-time notifications of changes to policyholder risk profiles.
Common types of insurance fraud include policyholders inflating or faking claims, such as overstating damage to property or exaggerating injuries in auto accidents. Fraud can also involve submitting claims for accidents or losses that never occurred, and premium fraud where applicants lie to get lower rates. As such, insurers should implement robust identity verification, biometric authentication, and ongoing AML monitoring to detect suspicious behavior and prevent fraudulent claims effectively.
ComplyCube supports region-specific compliance in over 250+ territories for insurers to confidently navigate local and global regulations. The platform includes risk-based monitoring, identity verification, and beneficial ownership checks tailored to various jurisdictions such as the UK’s FCA, the EU 6AMLD, the US FinCen, Australia’s AUSTRAC, and more. As a UK DIATF-certified Identity Service Provider, ComplyCube supports insurers to meet evolving KYC and AML requirements with tailored, regulation-ready compliance solutions.
Insurance companies must comply with strict AML insurance requirements. This includes verifying customers’ identities, monitoring transactions for suspicious activity, screening for sanctions, and regularly reassessing policyholder risk, especially at renewal or termination.
ComplyCube provides compliance support and operational alignment with worldwide AML/KYC standards. This includes the FATF’s Risk-Based Approach for Life Insurance, the UK’s FCA guidelines for enhanced due diligence and fraud detection in the insurance market, and the EU 6AMLD’s predicate offences and corporate liability requirements.
ComplyCube can seamlessly integrate with existing claims or underwriting systems through its flexible, API-driven platform. It offers easy integration options, including REST APIs, mobile and web SDKs, and client libraries, allowing insurance companies to embed ComplyCube’s AML insurance compliance solutions directly into their premium calculations and claims workflows. This enables insurers to verify the identity of claimants before payouts and stop fraud at the first source without disruption, enhancing efficiency and accuracy across the policy lifecycle.
