The insurance industry provides risk transfer, savings and investment products to a variety of consumers worldwide, ranging from individuals to large corporations to governments. An important aspect of the way the insurance industry operates is that most of the business conducted by insurance companies is transacted through intermediaries such as agents or independent brokers. Insurers, with some exceptions, are subject to AML requirements.

Following solutions seems relevant for the Insurance Companies:

• Financial Crimes Screening
• PEP Identification and Screening
• Transaction Monitoring
• Suspicious Transaction Reporting
• Electronic-Know Your Customer