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Why launderers see life insurance as South Africa’s soft target
Banks have long carried the heaviest anti-money laundering (AML) burden, but regulators are increasingly turning their attention to life insurers. Handling large premiums over...
Life insurance marketing puts compliance under pressure
The expansion of life insurance and annuity marketing is creating a growing workload for compliance teams, as insurers produce more content for a wider...
South Africa insurers lose R131.6m to AML blind spots
Insurance houses across South Africa are pouring money into anti-financial crime tools, yet heavy spending alone is not solving the problem. Effectiveness, particularly at...
Financial services face AI readiness reality check
A new thought leadership report from Aveni has found that while AI is rapidly moving up the strategic agenda for financial services leaders, many...
Why insurers must modernise AML with AI now
The insurance industry is no longer seen as a passive player in the fight against financial crime. As regulatory scrutiny intensifies and criminal typologies...
Starling, Anorak partner to offer consumers access to life insurance advice
UK-based challenger bank Starling has partnered with digital life insurance platform Anorak, adding the InsurTech solution to Staling Marketplace.
