Case Study: Large French Insurance Group achieves 100% real-time applicant screening and uncovers 76 money‑laundering cases with Shift Technology's Financial Crime Detection

Large French insurance group relies on Shift Financial Crime Detection to screen all new applications

Large French Insurance Group, a multi‑line insurer serving more than 9 million beneficiaries, faced growing backlogs as its compliance team relied on manual checks for new annuity applications, slowing quotes and struggling to scale. The Group, which has worked with Shift Technology since 2019, implemented Shift Financial Crime Detection for its annuity subsidiary (went live in 2022) to address insufficient automation and rising workload.

Shift Technology deployed real‑time and batch screening — including entity resolution, PEP/sanctions checks, AML risk scoring and network analysis — to deliver 100% real‑time screening of new applicants without slowing onboarding. In the first five months Shift Technology’s solution helped the insurer qualify 99% of alerts for further investigation, uncover 76 cases of serious money laundering involving over €6M in premiums, and refer 92% of those cases to authorities, avoiding issued policies, fines and reputational damage.