Case Study: Luko (France’s #1 neo‑insurer) reduces false positives and automates AML screening with ComplyAdvantage

Luko significantly reduced false positives and incorrect hits

Luko, the leading neo‑insurance company in France insuring more than 40,000 homes and one of Europe’s fastest‑growing insurtechs, faced a heavy compliance burden: its team ran hundreds to thousands of manual AML checks daily to meet ACPR requirements, slowing onboarding and claims processing. Seeking an API‑based, multi‑source solution with coverage across Europe and North America, Luko selected ComplyAdvantage’s AML Screening to automate real‑time risk detection and reduce manual effort.

ComplyAdvantage delivered an API‑driven AML Screening solution with customizable matching parameters, match status management, escalation workflows and a clear audit trail, enabling real‑time alerts at contract submission or claim filing. As a result, ComplyAdvantage significantly reduced false positives and incorrect hits, freed up compliance time to focus on genuine high‑risk entities, improved Luko’s financial‑crime risk visibility, and helped ensure regulatory obligations are met.

Luko

Marion Beaufrère

Head of Product