TW201901581A - Life insurance risk assessment system for preventing money laundering and fighting against financing terrorism - Google Patents

Abstract

A life insurance risk assessment system for preventing money laundering and fighting against financing terrorism consists of a geographically associated risk server, a product associated risk server, a policyholder associated risk server, and an analysis workstation. The analysis workstation is connected to the geographically risk server, the product associated risk server, and the policy-related risk server to obtain associated risk information to assess whether or not an insurance contract is accepted, transferring money or reporting to the authority.

Description

   Risk assessment system for the prevention of money laundering and the financing of terrorism in the life insurance industry   

The invention relates to a risk assessment system, in particular to a risk assessment system for preventing money laundering and combating the financing of terrorism.

In recent years, financial authorities have paid more attention to the prevention and control of money laundering and the financing of terrorist activities. The relevant laws and regulations have also been promulgated by legislation. However, how to effectively filter such illegal activities is a difficult point in implementation.

Due to the continuous improvement of financial information and communication technology, how to integrate various financial information technologies and resources to meet the requirements of the competent authorities and regulations, and reduce the operational risks of financial institutions, is currently a problem that financial institutions urgently want to solve.

The present invention proposes an innovative risk assessment system for money laundering and anti-terrorism financing in the life insurance industry to solve the problems of the prior art.

In an embodiment of the present invention, a risk assessment system for the prevention of money laundering and the financing of terrorism in the life insurance industry includes a geographically-associated risk server, a product-associated risk server, a policyholder-associated risk server, and an operation Analysis workstation. The operation analysis workstation is serially connected to the geographical related risk server, product related risk server and policyholder related risk server, so as to obtain related risk information to evaluate whether to accept insurance, gold flow transactions or report to the competent authority.

In an embodiment of the present invention, the operation analysis workstation includes a communication interface for connecting to the regional risk server, the product risk server, and the customer risk server.

In an embodiment of the invention, the job analysis workstation further includes a processor connected to the communication interface for performing risk assessments to prevent money laundering or combat terrorist financing based on various risk factors.

In an embodiment of the invention, the job analysis workstation further includes a storage device connected to the processor to store the risk assessment result of the processor.

In an embodiment of the present invention, the geographically associated risk server includes a communication interface for connecting to the operation analysis workstation.

In an embodiment of the present invention, the geographically associated risk server further includes a storage device connected to the communication interface for storing risk data associated with the geographic area.

In an embodiment of the invention, the product-related risk server includes a communication interface for connecting to the operation analysis workstation.

In an embodiment of the present invention, the product-related risk server further includes a storage device connected to the communication interface for storing risk data associated with the product.

In an embodiment of the invention, the policyholder associated risk server includes a communication interface for connecting to the operation analysis workstation.

In an embodiment of the present invention, the policyholder associated risk server further includes a storage device connected to the communication interface for storing risk data associated with the policyholder.

In summary, the life insurance industry's anti-money laundering and anti-terrorism financing risk assessment system integrates data of various risk factors to evaluate its risk value in advance, and regularly filters suspicious accounts afterwards by using preset conditions, so that This system exerts its maximum synergy.

The above description will be described in detail in the following embodiments, and the technical solutions of the present invention will be further explained.

In order to make the above and other objects, features, advantages and embodiments of the present invention more obvious and understandable, the attached symbols are described as follows:

100‧‧‧ Risk assessment system for the prevention of money laundering and the financing of terrorism in the life insurance industry

110‧‧‧Work Analysis Workstation

112‧‧‧Communication interface

114‧‧‧ processor

116‧‧‧Output device

118‧‧‧Storage device

120‧‧‧ Geographically associated risk server

122‧‧‧Communication interface

124‧‧‧Storage device

130‧‧‧Product related risk server

132‧‧‧Communication interface

134‧‧‧Storage device

140‧‧‧Insured Associated Risk Server

142‧‧‧Communication interface

144‧‧‧Storage device

In order to make the above and other objects, features, advantages and embodiments of the present invention more obvious and understandable, the drawings are described as follows: FIG. 1 is a kind of anti-money laundering and life insurance industry according to an embodiment of the present invention Block diagram of an anti-terrorism financing risk assessment system; and FIG. 2 is a block diagram of a life insurance industry's anti-money laundering and anti-terrorism financing risk assessment system according to another embodiment of the present invention.

In order to make the description of the present invention more detailed and complete, reference may be made to the accompanying drawings and various embodiments described below. The same numbers in the drawings represent the same or similar elements. On the other hand, well-known elements and steps have not been described in the embodiments to avoid unnecessary restrictions to the present invention.

The technical aspect of the present invention is a risk assessment system for the prevention of money laundering and combating terrorism financing of the life insurance industry, which is mainly used to evaluate the risk scores of customers of the life insurance industry on money laundering or terrorist financing, so as to judge whether they can Underwriting, accepting gold flow transactions or reporting to the competent authority. The following will illustrate the specific implementation of the risk assessment system for preventing money laundering and combating the financing of terrorism with figures 1 and 2.

Please refer to FIG. 1, which is a block diagram of a risk assessment system for preventing money laundering and combating the financing of terrorism in the life insurance industry according to an embodiment of the present invention.

This system is designed to meet current domestic laws and regulations, such as "Precautions for Anti-money Laundering and Fighting Terrorism in the Insurance Industry", "Model Precautions for Anti-Money Laundering and Fighting Terrorism in the Insurance Industry" and "Insurance Industry Assessment" "Money laundering and financing of terrorism risks, and the formulation of relevant prevention plan guidelines", etc.

The life insurance industry's anti-money laundering and anti-terrorism financing risk assessment system 100 is based on the "priority method", "customer type", "regional factor", "trading business", "transaction behavior" and "product attributes". Evaluate its risk score and add the total risk score of the assembly.

The system includes a job analysis workstation 110 as a computer device that performs the above-mentioned evaluation operations in the six aspects. The system also includes a geographic associated risk server 120, a product associated risk server 130, and a policyholder associated risk server 140, which are used to store the information required to evaluate the above six aspects. The operation analysis workstation 110 is serially connected to the geographical related risk server 120, the product related risk server 130, and the insured related risk server 140 to obtain related risk information to evaluate whether to accept insurance or report to the competent authority.

The so-called "priority method" refers to "as long as the conditions of the priority method are met, regardless of the status of the customer's other factors, it is directly included in the high risk." Financial institutions purchase a global blacklist database from external vendors. The database collects public information from all over the world and stores it in the policyholder ’s associated risk server 140, such as “whether it is a politician”, “whether there are negative media reports”, or “whether It is a sanction list "or" whether criminal activities are involved ", etc. When the operation analysis workstation 110 performs the rating, as long as the customer's "name", "birthday", "gender" and other information are matched to at least one of the blacklists, it is included in the high risk.

The other priority methods of "Priority Method" may be, for example, "Whether it appears in the company's self-built high-risk blacklist", "Whether it is a high-risk industry", etc. Such information is stored in the policyholder's associated risk server 140, and the above The rating factors are only listed and not limited to this.

The so-called "customer type" rating method includes "whether the customer cooperates with the customer data collection process", "non-cooperation" is an option, and "high cooperation" is also another option, which will give a risk score. For the "non-natural person" customers, the period of their establishment is also one of the rated projects. During the establishment period, options will be set according to the year range, and each option will be given a risk score. Checking no data is also one of the options. A relative risk score will be obtained when the options are met during the rating. The above-mentioned rating factors are only for enumeration and are not limited thereto.

The "regional factor" rating method includes the customer's residence, registration, and nationality. In some high-risk areas or countries, when the customer's residence, registration or nationality options are met, a higher risk score will be obtained, while in areas or countries that meet low risk, a lower risk score will be obtained Risk score. The above-mentioned rating factors are only for enumeration and are not limited thereto.

The evaluation methods of "travel business" include "establishing business channels" and "travel time length". The options for "establishing business channels" can be, for example, "I create through non-face-to-face channels" and "create through intermediaries", and both options will be given a risk score. "Long Time" will set up options according to the year range, and each option will be given a risk score. The above-mentioned rating factors are only for enumeration and are not limited thereto.

The evaluation methods of "transactions" include "non-face-to-face transactions" and "past surrender records". The rating options for "non-face-to-face transactions" may be, for example, "customers have reached X times through non-face-to-face transactions in the last X years" or "customers frequently through non-face-to-face transactions". The rating option for "Past Surrender Records" may be, for example, "Clients have withdrawn their contract up to X times in the last X years". The above-mentioned rating factors are only for enumeration and are not limited thereto.

"Product attributes" rating methods include "allow high premiums", "allow cash transactions", "whether the target customer group is a potential high-risk customer group", "whether this product is designed for a specific customer group", "product characteristics" And "product lifetime". The above-mentioned rating factors can design their rating options and give a risk score, and the above-mentioned rating factors are only listed, not limited to this.

When calculating the total risk score, each risk factor option weight can be given according to importance, or a classification risk factor classification weight can be given. Therefore, the risk factor option score x weight = each item score. Next, each score is added to the x classification weight = classification score. Total risk score = the sum of the scores of various categories (for example, the sum of the above-mentioned "customer types", "geographical factors", "traffic business", "transaction behavior", "product attributes", etc.). The "Priority Method" may not include the risk assessment method of weight scoring.

This system divides customer risk levels into four types, namely "low risk", "general risk", "high risk" and "sanction". The system can set the range of "total risk score" for "low risk", "general risk" and "high risk". For example, "low risk" means that the total risk score is lower than a certain score or the total risk score of "general risk" Between a certain two scores. "High risk" can be judged by the above-mentioned "priority method" in addition to the total risk score method. "Sanctions" are completely assessed by the "Priority Act", that is, whether the customer is one of the sanctions lists.

After the above-mentioned risk factors of the system are determined, the relevant calculation methods can be programmed, and the evaluation can be performed by the operation analysis workstation 110. The relevant information can be classified and stored in the geographically related risk server 120, the product related risk server 130, and the policyholder related risk server 140. When the insurance contract needs to be verified, handle gold flow transactions, and conduct regular inspections, you can query the customer's risk level by entering the insurer's ID number or unified numbering method, query the product risk level by the insurance type code, and check whether the customer is in The blacklist (such as the list purchased from Dow Jones) or the ID number or unified number of the insured's ID card can be used to enter, modify, delete, and query the results of the risk check.

In addition to the above methods, the system can also use post-monitoring inspection methods, such as automatic filtering by the job analysis workstation 110 on a daily basis under preset conditions, and outputting reports for inspection (for example, using the output device 116 in FIG. 2 to produce Report). The preset conditions may be, for example, "large amounts of premiums are not paid by the parties or stakeholders of the insurance contract", "the policyholders intensively handle the cancellation of the contract or the termination of the contract within a short period of time, requiring payment in cash to reach a certain amount. Or "Customers intensively insure insurance products with high policy value reserves in the short term."

Please refer to FIG. 2, which is a block diagram of a risk assessment system for preventing money laundering and combating terrorist financing in the life insurance industry according to another embodiment of the present invention. On the hardware, the job analysis workstation 110 includes components such as a communication interface 112, a processor 114, an output device 116, and a storage device 118.

The communication interface 112 is used to connect to the regional associated risk server 120, the product associated risk server 130, and the insured associated risk server 140. The processor 114 is connected to the communication interface 112 and is used to perform a risk assessment for preventing money laundering or combating the financing of terrorism according to various risk factors. The output device 116 is connected to the processor 114 to output the required report. The storage device 118 is connected to the processor 114, so as to store the verification result input, modified, deleted, or queried or store the risk assessment result of the processor.

The regional associated risk server 120 includes a communication interface 122 for connecting to the operation analysis workstation 110. The geographically associated risk server 120 further includes a storage device 124 connected to the communication interface 122 for storing risk data associated with the geographic area, such as a list of high-risk regions or countries.

The product-related risk server 130 includes a communication interface 132 for connecting to the operation analysis workstation 110. The product-related risk server 130 further includes a storage device 134 connected to the communication interface 132 for storing risk data associated with the product, such as the risk code and product risk level.

The policyholder associated risk server 140 includes a communication interface 142 for connecting to the operation analysis workstation 110. The policyholder associated risk server 140 further includes a storage device 144 connected to the communication interface 142 for storing risk data associated with the policyholder, such as personal data collected from the client or the Dow Jones blacklist.

In summary, the life insurance industry's anti-money laundering and anti-terrorism financing risk assessment system integrates data of various risk factors to evaluate its risk value in advance, and regularly filters suspicious accounts afterwards by using preset conditions, so that This system exerts its maximum synergy.

Although the present invention has been disclosed as above in an embodiment, it is not intended to limit the present invention. Anyone who is familiar with this skill can make various modifications and retouching without departing from the spirit and scope of the present invention, so the protection of the present invention The scope shall be as defined in the appended patent application scope.

Claims (10)

    A risk assessment system for the prevention of money laundering and the financing of terrorism in the life insurance industry, including: a geographically associated risk server; a product-related risk server; a policy-associated risk server; and an operation analysis workstation, connected in series to The regional associated risk server, the product associated risk server, and the insured associated risk server are used to obtain associated risk information to assess whether to accept insurance, gold flow transactions, or report to the competent authority.         The risk assessment system for the prevention of money laundering and combating terrorism financing of the life insurance industry as described in claim 1, wherein the operation analysis workstation includes: a communication interface for connecting to the regional associated risk server and the product associated risk servo Device and risk server associated with the insured.         The risk assessment system for money laundering and terrorism financing of the life insurance industry as described in claim 2, wherein the operation analysis workstation further includes: a processor connected to the communication interface to implement prevention based on various risk factors Risk assessment of money laundering or combating terrorist financing.         The risk assessment system for preventing money laundering and combating terrorist financing of the life insurance industry as described in claim 1, wherein the operation analysis workstation further includes: a storage device connected to the processor to store the risk assessment result of the processor .         The risk assessment system for the prevention of money laundering and the financing of terrorism in the life insurance industry as described in claim 1, wherein the geographically associated risk server includes: a communication interface for connecting to the operation analysis workstation.         The risk assessment system for the prevention of money laundering and combating terrorism financing of the life insurance industry as described in claim 5, wherein the geographically associated risk server further includes: a storage device connected to the communication interface for storing the geographical Risk information.         The risk assessment system for money laundering and terrorism financing of the life insurance industry as described in claim 1, wherein the risk server associated with the product includes: a communication interface for connecting to the operation analysis workstation.         The risk assessment system for money laundering and terrorism financing of the life insurance industry as described in claim 7, wherein the product-related risk server further includes: a storage device connected to the communication interface for storing the product-related Risk information.         The risk assessment system for preventing money laundering and combating terrorist financing of the life insurance industry as described in claim 1, wherein the insured-associated risk server includes: a communication interface for connecting to the operation analysis workstation.         The risk assessment system for preventing money laundering and combating terrorist financing of the life insurance industry as described in claim 9, wherein the risk-associated server of the insured further includes: a storage device connected to the communication interface for storage and insured Associated risk information.