Anti-Money Laundering
Protection & Responsibilities
Whitepapers
6 Reasons You Need RegTech
22nd August 2020
Whitepapers
22nd August 2020
Managing B2B relationships with hundreds, sometimes thousands, of counterparties is a challenge for all insurance businesses. Insurers, MGAs, vendors and TPAs all play their part in the big mix that is insurance distribution, but how can you cope as millions of data points are changing every day?
The insurance industry and the regulatory requirements around counterparty risk is always evolving, and so the obligations to minimise the risk and safeguard customers is becoming much more challenging for insurance companies. In the wake of COVID-19, financial crime continues to increase and whilst not all of these can be stopped, it is crucial they are recognised.
