Skip to content
EN-UK 
Compliance Risk

Avoid costly fines and reputational damage

Support AML, KYC, and related risk management & compliance processes with an automated, AI-powered solution

4/10

Top global P&C insurers

£176M

In UK fines for AML and financial crime failures

10K+

Fraud networks identified

115+

Customers globally

200+

Insurance focused data scientists

4/10

Top global P&C insurers

£176M

In UK fines for AML and financial crime failures

10K+

Fraud networks identified

115+

Customers globally

200+

Insurance focused data scientists

In the UK alone, £37B is laundered annually. Shift's AI-powered compliance product can help.

From sanction checks, through to organised networks and complex UBO verification, Shift's insurance trained predictive AI identifies bad actors and ensures regulatory compliance in real-time

files-lightBG_Scale Up

Necessary checks and regulatory reporting can delay the buying process. Shift's predictive AI enables insurers to automate time-intensive tasks to onboard customers quicker

Reduce false positives with AI

Shift's best-in-class AI entity resolution minimises false positives through deduplication and data cleansing.

Configurable sanctions checks

AI accelerated adverse media searches

Helping Insurers comply effortlessly

“In CCI’s survey, 59% of compliance officers (COs) revealed that they felt ‘burnt out’, with 69% admitting that they were stressed about the pace of changing regulations”
Increase coverage and peace of mind

Shift’s Financial Crime Detection automates checks and screening processing in seconds that used to take a team days, allowing you to significantly increase your coverage and confidence

UBO too slow? AI shows the way to stop crime and keep customers happy

In today's rapidly evolving financial landscape, insurers face the daunting challenge of maintaining compliance while ensuring a seamless customer journey. To find out more about how advanced technologies, particularly AI, can help, download the Insurance Post article below.

250714-brand-Insurance-Post---A

Customer Success Stories

files-lightBG_Medicine

Seamless Sanctions Checking

“This global health insurer has deployed sanctions and PEP checks, AI risk scoring and unusual scenario detection successfully replacing legacy approaches and increasing efficiency.”
Tier 1 Health Insurer
Learn more
files-lightBG_Life Insurance

Hundreds of Suspicious Scenarios Detected

“In just 5 months, 150+ suspicious scenarios, with likelihood of money laundering activity were detected across 14M claims, resulting in significant risk mitigation.”
Tier 1 Life Insurer
Learn more