Helping insurers and reinsurers to manage their risk with real time data and stay in compliance with rapidly changing national and international regulations.
Our team of experts in anti money laundering (AML) laws and sanctions compliance allow insurance and reinsurance firms to know their customers (KYC) and calculate their risk exposure so business decisions are made with confidence and accuracy.
Using Fircosoft and Actimize, daily sanction updates are made simple and in real time, so you can focus on customer relationships and what matters most to your bottom line.
7AVP specializes in
- Screening new applications and ensuring that before any payments go out, you are in compliance with today’s AML and sanctions screening.
- Monitoring for fraudulent patterns and illicit or suspicious activity in real time.
- Using software such as Fircosoft, Actimize and daily sanctions updates, we create effortless integration into your operations.
- Efficiently managing third-party customer and entity screening, due diligence and enhanced due diligence.
- Delivering comprehensive and customizable reporting for insight into your compliance programs as well as other reporting to enhance your business practices.
- Managing data governance, policies, procedures, and security systems.
- Program management, project and product management services designed exclusively for insurance and reinsurance ventures.
Pay for What You Need
From project development to implementation, roll-over, and hand-off, 7AVP is here every step of the way. We ensure your team is prepared for success.
Ongoing Partnership
Too busy and not enough staff to run this essential aspect of your agency? We have a team dedicated to running compliance and sanctions screening applications in real-time. Spend time doing what you do best, and leave regulations, KYC and AML compliance, data management and due diligence to us.
