ICA Certificate in Anti Money Laundering (Insurance)

The insurance sector faces growing exposure to money laundering, fraud, and financial crime. With a highly intensive and complex legislative period ahead, regulatory expectations have never been higher.

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Course details

This course equips you with the knowledge and skills to:

  • Build insurance-specific AML knowledge - Go beyond generic AML training with content tailored to the real risks and scenarios you encounter in your role, including life, general, reinsurance, and intermediary arrangements.
  • Develop regulatory confidence - Understand the legal and regulatory framework that governs your firm, from the international standards such as FATF and the EU through to the national legislation and sector-specific obligations that apply to the insurance sector.
  • Apply practical skills immediately - Learn to recognise red flags in customer behaviour, payment patterns, and third-party involvement, and understand your reporting and escalation obligations in real insurance contexts.
  • Navigate sanctions and financial crime overlaps - Understand your sanctions obligations and the relationship between fraud and money laundering, two areas that frequently intersect in the insurance sector.
  • Support a strong compliance culture - Every role has a responsibility, from underwriting and claims to customer services and broker management. This course ensures you know when and how to act.
Awarded in association with AMBS

ICA CPD Hours: 20

Qualification designation: Cert(AML Ins)

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Course fees

If you are not an existing ICA Member, a fee for 12 months’ membership will be added to your basket on checkout. Currency is dependent on location and subject to local taxes:

Course fee

ICA Membership fee

GBP – 765

GBP – 185

EUR – 860

EUR – 204

USD – 1,030

USD – 241
Group booking discounts

Discounts are also available for group bookings.

Do you need more information?
  • Review our comprehensive FAQs
  • If you still need to get in touch, please contact us

What will I learn?

Course Syllabus Download
  • Money laundering fundamentals - Understand what money laundering is, how it works, the three-stage model, and the role of the insurance sector within the wider AML ecosystem. 
  • Terrorist financing, proliferation financing and sanctions - Explore how these threats operate, how insurance products can be exploited, and the key sanctions regimes you need to understand. 
  • International AML frameworks - From the UN and FATF to EU Directives and national legislation, gain clarity on the global and UK regulatory landscape and what it means for insurance firms. 
  • Vulnerabilities across financial services and insurance - Examine how the insurance sector is specifically exploited, across life, general, reinsurance, and intermediary arrangements, and what makes it attractive to money launderers. 
  • Risk-based approach and customer due diligence - Develop your understanding of CDD in insurance contexts, including underwriting, policy administration, and claims management, and know when to apply simplified or enhanced due diligence. 
  • Suspicious activity detection and reporting - Recognise the red flags specific to insurance, understand your legal obligations to report, and know how to handle tipping-off risks. 
  • AML programme management and compliance culture - Understand board and senior management obligations, AML policies and procedures, and how to build AML awareness across insurance distribution networks. 

Course format

Study in your own time and at your own pace 

Available on the ICA learning app, bringing everything you need into one place for a fully interactive learning experience. 

  • Course can be completed in as little as four weeks, but you will have access for up to two months. 
  • Assessed by a one-hour online multiple-choice exam that you can take at any point during your studies. 
  • Your results are available immediately. 
  • Downloadable certificate to demonstrate your achievement. 

AI Study Support 

This course includes two AI-powered tools designed to support your learning throughout your studies. 

The AI Tutor is here to help you revise and build confidence with the course materials. Use it to: 

  • Explore concepts you find challenging or want to understand more deeply. 
  • Test your knowledge through interactive quizzes. 
  • Reinforce your understanding of key topics. 

The AI powered role play allows you to apply the knowledge you've gained in a realistic scenario - putting your understanding into practice before your assessment.

Is this course right for me?

This ICA Certificate is designed for professionals working across the insurance sector who need a solid foundation in AML — whether they encounter financial crime risk directly or as part of their wider compliance responsibilities. It is particularly suited to:  

  • Compliance and Risk Officers and Analysts  
  • AML, KYC and CDD Officers and Analysts  
  • Fraud Analysts and Investigators 
  • Underwriters  
  • Claims and loss adjuster professionals  
  • Broker Executive and Relationship Managers 

Become an ICA member

When you enrol onto this course you will join an international community of over 30,000 members.

Benefits include:

  • Access to the uniquely personalised ICA Learning Hub
  • Weekly webinars covering the latest industry developments
  • Discounts on ICA events and further ICA courses

The fee for ICA membership will be added separately to your basket when you enrol online for this course.