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Perspectives taps into's partners to provide leading insights on pressing topics shaping the industry. This podcast will feature new analysis on the technology, regulations and best practices that help P&C professionals guide their customers through all facets of the insurance, claims and risk management process.

Jan 11, 2024

In today’s environment, global financial mandates are evolving quickly to thwart money laundering activities, and because insurance companies are considered financial institutions, they are subject to comply with the changes.

In this episode with LexisNexis Risk Solutions, Bob McConn, the associate vice president for claims solutions, shares his take on the current situation, as well as strategies carriers can employ to work toward compliance.

You’ll also hear:

  • How the U.S. regulatory landscape is shifting toward targeted sanctions against individuals and organizations.
  •   Details on the frequency of watchlist updates.
  • Why carriers need to monitor their customers throughout the customer life cycle.
  • What actions insurers can take to protect themselves and support improved compliance.

If carriers put themselves at risk, the damage can be both financial and reputational. Listen now to learn how your organization can keep current with the changes.