AML for Insurers in the Americas:Best Practices

Whether you’re a disruptive Insuretech or a long-established insurer with deep roots in your community, your financial crime challenges today are immense.

From criminals using complex insurance policies as a vehicle for money laundering to sky-high fraud threats, the threat landscape is highly complex.

This dynamic is combined with greater regulatory interest, with many regulators setting up sandbox programs to improve their engagement with the sector. However, the quality and consistency of AML/CFT supervision remains a core focus, with growing concern about the ‘submerged’ risks in a sector that files low volumes of SARs/STRs.

Against this backdrop of innovation and scrutiny, join our Head of Regulatory Affairs and the former Chief Compliance Officer of SunLife, one of the largest and oldest insurers, to discuss: 

• The AML/CFT regulatory landscape for the insurance sector in the Americas. 
• Best practices for building an innovative, effective AML program across tech and talent.
• A look ahead to the challenges and opportunities of 2025, including investment priorities, technological innovation, and much more.

Speakers include:

Andrew Davies

Global Head of Regulatory
ComplyAdvantage

Claude Baksh

Co-Founder, Grace Compliance Services Inc., former SunLife Financial Global Chief AML Officer