Complytek Implements Custom Compliance Solution to Enhance Operational Efficiency of Leading Insurance Company Hollard

June 07, 2024

Complytek, a leader in regulatory technology solutions, are thrilled to announce a new client relationship with Hollard, an innovator in individual and business insurance! Renowned for their comprehensive insurance offerings, Hollard has been at the forefront of providing cutting-edge insurance solutions. Best known for their customer-centric services and catering to diverse insurance needs, they have earned a reputable name in the global, independent and privately owned insurance industry. Hollard is the largest insurer headquartered in South Africa and has operations and investments in Namibia, Mozambique, Botswana, Australia, India, Pakistan, China, Ghana, and the United Kingdom. We are honored to be a part of their onward and upward journey.

The Best Insurance Providers Use Bespoke Compliance Solutions

In this significant engagement, Hollard has selected Complytek to be their regulatory technology provider, necessary for streamlining their comprehensive insurance services. We have provided custom-built compliance solutions tailored to meet Hollard’s specific needs. The main objective of this partnership is to implement robust, efficient processes without compromising on adherence to international standards.

Here is a brief overview of some in-demand functions we provided to the Hollard team:

Faisal IslamCEO of Complytek said:  “At Hollard, they treasure the journey with their clients, ready to support, protect, and elevate them. We are excited to provide them with the same level of dedication and care so they can enjoy being on the receiving end of their beautiful values.”

The collaboration between Complytek and Hollard has marked a pivotal moment, setting new benchmarks for security and operational efficiency in the insurance industry. The spillover effect? – Enhanced experience for millions of policyholders and businesses.

About Complytek

Complytek equips insurance companies with a robust solution to tackle the $3 trillion global money laundering challenge through its award-winning Client Lifecycle Management (CLM) platform.

Recognized by the prestigious ChartisRisktech AI 50, Complytek’s CLM integrates perpetual CDD with AI-powered transaction monitoring and risk management technologies, delivering industry-leading innovation and efficiency.

SaaS clients benefit from deployment in just 48 hours, while SaaP implementations are completed in 45 days—both at a 15% lower cost than legacy systems. Our solution is designed to support the strategic growth of insurance companies, streamlining compliance and client management.