Skip to content
EN-US 
Compliance Risk

Avoid costly fines and reputational damage with AI

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

Download the data sheet  

4/10

Top global P&C insurers

$300B

Up to $300B is laundered annually in the US

10K+

Fraud networks identified

115+

Customers globally

200+

Insurance focused data scientists

4/10

Top global P&C insurers

$300B

Up to $300B is laundered annually in the US

10K+

Fraud networks identified

115+

Customers globally

200+

Insurance focused data scientists

In the US, $300B is laundered annually. Shift's AI-powered compliance can help.

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

Comply efficiently, accelerating buyer journeys
Comply efficiently, accelerating buyer journeys Avoid costly risk through predictive AI Increase coverage Work with industry and AI experts
files-lightBG_Scale Up
Comply efficiently, accelerating buyer journeys
 files-lightBG_Reduce Cost USD
Avoid costly risk through predictive AI
 files-lightBG_Multi Item Checklist
Increase coverage
 files-lightBG_Award
Work with industry and AI experts
files-lightBG_Scale Up

Necessary checks and regulatory reporting can delay the buying process. Shift enables insurers to automate time-intensive tasks to get more customers on board quicker.

Reduce false positives with AI

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

Configurable sanctions checks

AI accelerated adverse media searches

Helping Insurers comply effortlessly

CCOs and MLROs
CCOs and MLROs CIOs and IT Industry Experts Investigation Team Leaders
CCOs and MLROs
CIOs and IT
Industry Experts
Investigation Team Leaders
“59% of compliance officers (COs) revealed that they felt ‘burnt out’, with 69% admitting that they were stressed about the pace of changing regulations”
Compliance Officer Working Conditions, Stress & Mental Health 2022 Report, CCI

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.

How advanced technologies can revolutionize the compliance landscape for insurers

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.

Download now  
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
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
blur

Learn how Shift can help you effortlessly comply whilst delivering a best in class customer journey

 

Schedule a demo