What Insurers Should Know about Rapidly Changing Global Financial Mandates

As anti-money laundering regulations rapidly change and grow in complexity, insurers can look to automation to keep pace with threats.

In today’s environment, global financial mandates are evolving quickly to thwart money laundering activities, and because insurance companies are considered financial institutions, they are subject to comply with the changes.

In this episode with LexisNexis Risk Solutions, Bob McConn, the associate vice president for claims solutions, shares his take on the current situation, as well as strategies carriers can employ to work toward compliance.

You’ll also hear:

If carriers put themselves at risk, the damage can be both financial and reputational. Listen now to learn how your organization can keep current with the changes.