Understanding all the parties related to life insurance products helps insurers quantify and manage the financial crime risk associated with specific relationships and products. However, that's easier said than done.
Beneficial ownership requirements can be both a benefit and a burden for life insurers. Learn how to dig deeper into beneficial ownership to meet regulations and reduce risk.
Get advice from the experts by reading the point of view paper from Fiserv, "Why Beneficial Ownership Is Essential for AML Compliance at Life Insurance Companies."