Sanctions and PEP Screening for the Insurance Industry

Protecting our customers, so you can protect yours

Complexity of Client Screening

Financial sanctions can limit the provision of insurance. Whether you are a broker, insurer, reinsurer or a claims handler you need to know if these restrictions apply to the customers you are providing cover to.

Comprehensive sanctions screening can be complex to put in place, with many different stages such as quote, bind, renewal, and payment. Add in delegated authority, agents and business partners and this can be even more difficult.

Multiple Options

Our solution provides sophisticated screening that can be used throughout the policy lifecycle and cover all parties involved.

Tailor the screening to meet the needs of your firm. Added flexibility is available to enable a difference approach for different business lines.

Extend access to companies acting on you behalf to retain full control of your customer screening.

How we can help

Bring your customer screening up to date by loading all policy holders in to our system. From this point we can monitor the policy holders and provide you with an alert should they match to a new entry on a watchlist. Once a policy is terminated the holders can be removed to ensure there are no further alerts.

Our transactional screening can cover the need for one-off checks against claimants. This will ensure you are protected from issuing payments to restricted parties.

Our screening service