Skip to content

2024 Financial Crimes Services and Fraud Prevention Benchmarking Study

Russ Anderson, CFE 5/23/2024

This study provides the life insurance and retirement industries with a collective look at the most current data and information related to their financial crimes services and fraud prevention services.

Summary

This study provides the life insurance and retirement industries with a collective look at the most current data and information related to their financial crimes services and fraud prevention programs. It covers key findings in several areas including fraud trends, program organization, program maturity, governance, risk assessments, program tools and technology, spend, authentication, training and awareness, challenges, and outlook.

Download Your Reports

No part of any report may be reproduced or translated without written permission from LIMRA. Please contact Customer Service for further information.

Also of Interest

FraudShare

The neighborhood watch for financial services enables companies to defend against account takeover (ATO) schemes with easy, secure, real-time access to incident and threat indicator data with real-time email alerts.

Recognizing Financial Exploitation

Help your representatives recognize elder financial abuse.

Anti-Money Laundering (AML) Training

Compliance is a big deal. Trusting the source for AML training shouldn’t be. New user-centered improvements and updated content.

Related Research

2023 Financial Crimes Services and Fraud Prevention

This study provides the life insurance and retirement industries with a collective look at the most current data and information related to their financial crimes services and fraud prevention programs.

2024 BEAT Study: Benefits and Employee Attitude Tracker

Learn about employee attitudes and opinions toward workplace benefits and overall employment issues.

Financial Professional Perspectives: The Vital Role of Wholesalers in Their Success

Wholesalers are a critical link in the distribution channel. In this study, financial professionals shared their perspective on the vital role wholesalers play in their success.

2023 Canadian Life Insurance Barometer

The Canadian Insurance Barometer is a study that tracks the perceptions, attitudes, and behaviors of consumers in Canada, with a particular focus on life insurance.

A Deeper Dive: 2022 Registered Index-Linked Sales

As registered index-linked sales continued their strong growth pattern in 2022, a lot of similarities were seen in the election of protection type, crediting methods, and indices selected.

Meet the Project Director

Russ Anderson, CFE
Russ is currently responsible for leading LL Global, Inc’s. Financial Crimes Services program and tasked with identifying, defining and building shared business solutions, to help the industry better combat fraud. Russ is a Certified Fraud Examiner with 30 years of industry experience working in and leading various auditing, compliance, finance, risk management and fraud operations teams.

Head of Fraud Prevention and Compliance Solutions
LIMRA and LOMA
randerson@limra.com


For more information, please contact randerson@limra.com.

Did you accomplish the goal of your visit to our site?

Yes No