Shift P&C Financial Crime Detection Description
AI-powered solutions automate AML, KYC and related risk management and compliance processes. We help insurers speed up entity identification, checks against sanctions, watchlists and adverse media, as well as suspicious transactions. This helps them defeat bad actors in real-time and ensure regulatory compliance. The buying process can be delayed by regulatory reporting and necessary checks. Shift allows insurers to automate labor-intensive tasks in order to attract more customers faster. A single oversight could have devastating consequences, including lost profits, reputational damage and criminal liability. Shift’s solution increases coverage, and gives insurers more confidence in their processes. Shift Financial Crime uses a vast database of data to analyze people and organizations. This eliminates the need to manually go through hundreds of data points in order to create a 360-degree picture of potential customers.
Shift P&C Financial Crime Detection Alternatives
CertAdvisor
Recordables has been providing software for a wide range of employers for nearly three decades to automate their claims filings, tracking, and reporting. CertAdvisor by Recordables makes it easy to manage compliance of incoming Certificates of Insurance. Our software electronically stores insurance certificates, reports any deficiencies, notifies vendors via automated emails and/or letters, and notifies them of the deficiency. It is now much easier to manage thousands of certificates than it was in the past. Notifications for certificates about to expire, track multiple insurance types, unlimited vendors (different requirements each vendor type), track limits and liability compliance, automate form letters or emails, notify internal departments if vendor deficiencies, vendor notification log. Electronically store certificates and other documents. Notes with spell check feature. Multiple standard reports.
Learn more
TrustLayer
Avoid lawsuits and claims that could cost your company millions. We eliminate the need to perform tedious manual tasks. TrustLayer automates the verification and management of certificates of insurance using AI & machine-learning technology. Our technology allows you to verify coverages and check exclusions, gain insight into insurance validity in real time, and much more than traditional tracking tools. For frictionless onboarding, real-time proof of insurance. You can easily request, verify, track, and track vendor insurance coverage. Customers can get live proof of insurance. Repetitive tasks can be reduced, which can lead to errors and take too much time. You can easily request and verify proofs of insurance from business partners. Verify insurance coverage and other compliance documents instantly. You can create new compliance goals for any information that you need to verify.
Learn more
SmartCompliance
Solutions for insurance tracking and compliance management. Full-service and self-service solutions that automate renewals of insurance certificates or proof of insurance. They also eliminate the need for manual data entry. Software and services for COI tracking that automates the tedious process of collecting certificates of coverage, renewing requests and confirming compliance with third parties. Property managers can easily track the tenant's policies using proof of insurance tracking software. This software helps them to comply with their renter's insurance requirements. Services that simplify the creation, delivery, storage, and management of certificates of insurance. SmartCompliance is the most trusted provider of certificate of insurance, proof of insurance tracking, issuance and compliance management.
Learn more
AgentSync
AgentSync builds modern insurance infrastructure to eliminate complexities and drive efficiencies in producer management and compliance workflows. Improving your broker onboarding, contracting, licensing, appointing, and compliance processes, AgentSync’s customer-centric design, seamless APIs, automation, and unparalleled service enable you to grow your business, create an exceptional producer experience, and prevent regulatory violations.
Manage, AgentSync’s core product, reduces compliance costs and prevents regulatory violations before they happen. Manage automates the administrative paper chase necessary to verify that agents have the required appointments and state licenses to sell. By automating such tasks, the complexity of selling insurance is dramatically reduced.
Learn more
Integrations
No Integrations at this time
Company Details
Company:
Shift
Year Founded:
2013
Headquarters:
United States
Website:
www.shift-technology.com/products/financial-crime-detection
Media
Recommended Products
Deliver secure remote access with OpenVPN.
OpenVPN's products provide scalable, secure remote access — giving complete freedom to your employees to work outside the office while securely accessing SaaS, the internet, and company resources.
Product Details
Platforms
SaaS
Type of Training
Documentation
Live Online
Webinars
In Person
Videos
Customer Support
Phone Support
Online
Shift P&C Financial Crime Detection Features and Options
Shift P&C Financial Crime Detection User Reviews
Write a Review- Previous
- Next