THE RISK
Fraud Doesn't Start At Claim Stage. It Starts At Onboarding.
Insurance fraud often begins long before a claim is submitted. Incorrect customer information, impersonation attempts, and false address details can increase underwriting risk and lead to costly claims disputes.
HOW IT WORKS
How Insurance KYC Works
1
Capture Policyholder Information
2
Submit Verification Request
3
Validate Identity & Address Information
4
Review Verification Results
5
Approve Policy Or Claim With Confidence
BUSINESS VALUE
What Can Be Verified?
Identity Information
Confirm customer identity details before onboarding.
South African ID Number
Validate identity information against trusted sources.
Residential Address
Verify customer address information for underwriting purposes.
Contact Details
Confirm customer communication information.
Policyholder Information
Support accurate customer records.
Compliance Requirements
Strengthen customer due diligence processes.
USE CASES
Common Insurance Use Cases
New Policy Applications
Verify customers before policies are issued.
Claims Processing
Confirm claimant information before settlement.
Policy Renewals
Validate customer records periodically.
Life Insurance
Verify policyholders and beneficiaries.
Short-Term Insurance
Reduce onboarding and claims fraud.
Commercial Insurance
Verify business representatives and authorised contacts.
