Ancoria Insurance is a leading provider of life insurance solutions and occupational pension schemes for both individuals and corporations. They are committed to offering flexible, client-centric services that adapt to the unique needs of their customers. Ancoria’s innovative online portal allows clients to monitor their investments in real-time, ensuring transparency and ease of use, while their dedication to flexibility ensures that clients aren’t restricted by inflexible contracts.
As Ancoria expanded, they encountered the challenge of managing increasingly complex compliance requirements while maintaining their high standards of customer service. Efficient client onboarding, continuous screening, and monitoring processes became essential to adhere to regulatory standards without compromising operational efficiency.
To address these challenges, Ancoria Insurance partnered with Complytek. Complytek provided tailored AML and compliance solutions that seamlessly integrated with Ancoria’s compliance processes. These solutions enabled Ancoria to efficiently manage regulatory compliance, from client onboarding to ongoing monitoring, ensuring that their operations remained both secure and efficient.
Faisal Islam, CEO of Complytek, says: “We are proud to support Ancoria Insurance in delivering secure and adaptable insurance solutions. This partnership exemplifies our commitment to providing tailored compliance solutions that meet the unique needs of our clients. We look forward to a continued relationship marked by innovation and success.”
As Ancoria continues to grow, Complytek remains dedicated to supporting their goals, ensuring that they can focus on shaping the financial futures of their clients with confidence.
Complytek equips insurance companies with a robust solution to tackle the $3 trillion global money laundering challenge through its award-winning Client Lifecycle Management (CLM) platform.
Recognized by the prestigious ChartisRisktech AI 50, Complytek’s CLM integrates perpetual CDD with AI-powered transaction monitoring and risk management technologies, delivering industry-leading innovation and efficiency.
SaaS clients benefit from deployment in just 48 hours, while SaaP implementations are completed in 45 days—both at a 15% lower cost than legacy systems. Our solution is designed to support the strategic growth of insurance companies, streamlining compliance and client management.
Discover how our solutions are tailored for the insurance industry here, including specific use cases for other industry leaders like Hollard Insurance.
