Patriot Manager is the only compliance solution geared to the unique needs of the insurance industry that monitors, detects, tracks/manages and reports insurance-related activities. With over 60 insurance defined indicators and alerts, Patriot Manager has the unique strength to thoroughly address all of the Insurance industry compliance needs.

Aquilan’s Patriot Manager helps Insurance companies:

  • Automate AML operations for real-time, rules-based processing with preset rules and adjustable tolerances
  • Connect and store disparate data from multiple systems to gain a holistic view of your customer and an enterprise-wide relationship view
  • Validate key customer information and identify high risk customers based on insurance-specific risks
  • Monitor up-to-date watch lists, ongoing transactions and agent activities and receive automatic notification of suspicious activities
  • Detect fraudulent and suspicious activities through rules-driven analysis of insurance-defined transactions and procedures, including CIP/KYC, deposits and withdrawals and new and terminated relationships
  • Track, manage and guide case management procedures to ensure proper steps are taken for each investigation and provide thorough audit trails for easy referencing of both open and closed cases
  • Handle the filing of required government forms such as SAR and 8300, including the auto-population of key fields and electronic submission
  • Ensure ongoing USA PATRIOT Act compliance through automatic regulation and software updates, preventing future violations

… and much more.

Contact Aquilan today to find out more about how Patriot Manager addresses the unique AML Compliance and Fraud needs of the Insurance industry