Juggling Risk: Tackling Financial Crime in the Insurance Industry

Financial crime in the insurance industry is on the rise, driven by malicious actors seeking to capitalize on new vulnerabilities and exploit gaps in risk management frameworks. Certain insurance products are highly susceptible to money laundering threats, whereas the sector as a whole is at risk of fraud, cybercrime, bribery and corruption. In light of these challenges, insurance firms must ensure they have appropriate systems and controls in place to deter criminal activity.

What red flags should insurance firms pay particular attention to? What more can they do to comply with relevant regulations and mitigate their risk exposure? What are the consequences of getting it wrong? Tune in to our upcoming webinar to hear a panel of experts working at the intersection of financial crime and insurance discuss these questions and offer actionable recommendations.