Background
Wealins - short for wealth insurer - is a Luxembourg-based life insurance provider offering solutions to high-net-worth individuals across Europe and beyond. Part of Foyer Group, the number one insurer in Luxembourg, Wealins operates across multiple jurisdictions, including Switzerland, Italy, and Sweden, each with its own evolving regulatory landscape.
With a lean legal team responsible for monitoring legislation across all these markets, the volume of regulatory scanning was unsustainable. The team was spending significant time manually tracking changes on legislative websites and government portals. Time that could otherwise be spent on analysis, advice, and higher-value work.
Opportunity
Wealins had been closely following developments in legal AI and saw the potential early. When the opportunity arose to evaluate LEGALFLY at the ACA Innovation Awards, the team ran a proof of concept around DORA regulation. Within hours, LEGALFLY had produced a complete legal AI solution for DORA regulation.
Solution
The centrepiece of Wealins' implementation is LEGALFLY's Legal Radar. Rather than having legal team members manually scan legislative sources across multiple countries, LEGALFLY now monitors those sources continuously and surfaces relevant regulatory changes directly to the team.
The same capability that replaced manual monitoring has also changed how the team seeks legal input. Instead of directing routine questions to external law firms or fiscal advisers, the team now puts those questions to LEGALFLY, reducing third-party billing and accelerating response times. And where a legal professional was previously limited to covering one or two markets, the efficiency gains mean a single person can now follow multiple jurisdictions with confidence.
Beyond the legal team, adoption spread organically. The compliance team began using LEGALFLY for AML and KYC checks, drawn in particularly by the platform's document anonymisation capabilities. Operations followed for the same reasons. Most recently (and to the CEO's own surprise) the finance team adopted LEGALFLY after the introduction of Excel file support.
Results
Since deploying LEGALFLY, Wealins has seen improvements across efficiency, capacity, and cost:
20% time savings
The legal team estimates LEGALFLY saves up to a fifth of their working time.
Broader market coverage
One legal professional can now monitor multiple jurisdictions. Previously, coverage was limited to one or two countries per person.
Reduced external legal spend
The team now directs questions to LEGALFLY rather than external law firms and fiscal advisers, directly reducing third-party billing.
Cross-functional adoption
Compliance, operations, and finance teams are all active users, driven by regulatory needs and new product features.
A platform for growth
As LEGALFLY adds new capabilities, Wealins sees a clear runway for expanding what the platform can do across the business.
