Intelligent insurance

“Following an extensive and detailed selection process, we selected SymphonyAI Sensa-NetReveal for its technology coupled with market-leading experience.

At Hastings Direct, we have a proactive approach to counter fraud and this reinforces our stance in protecting our honest customers.”

Paul Priestley, Counter Fraud Director at Hastings Direct

“Money laundering prevention is a challenge across the industry, and one which is instigating continuous innovation. However, with only just over a third of money laundering being uncovered in the private banking sector, we’re seeing a strong desire and impetus to do more in this space. It’s possible that much of the technology used here is outdated or not specifically designed for private banking workflows, where there are particular customer nuances and money laundering challenges,”

Charmian Simmons, Financial Crime and Compliance Expert, SymphonyAI Sensa-NetReveal

“Today’s insurers cannot afford not to invest in compliance both as a means of mitigating ever-increasing risk but also as a critical part of their business strategy and growth. Compliance may start with regulations but it ends with understanding your customer and your key risks and instituting smart, vigorous and efficient control systems”

Chuck Subrt, Senior Analyst Aite Group

“European regulators now expect insurers to have global consistency in both systems and controls with accountability at board level.”

European multi-national insurer

“Sensa-NetReveal® allows us to be top of the market in terms of fraud detection and it enables us to constantly adapt and change with the moving behaviours of the fraudsters”

Head of fraud intelligence at a multi-national general insurance company

“If anyone is thinking about using data testing services for financial crime purposes, this is the way to go. I don’t think anyone else is trying to tackle the problem of poor detection in this way. Really innovative and a great idea… and I stand by every single word!!”

Francisco Mainez, Head of Business Financial Crime Risk Data and Analytics, Retail Banking at HSBC