4 ways to tackle identity fraud caused by AI and Deepfakes

Insurance

Offer Insurance, minus Risk

Our Identity Verification (IDV) & Risk Assessment solutions verify taxpayer information accurately and instantly to onboard policyholders smoothly with confidence

fintech_img

In Insurance business the balance between speed and compliance is paramount. It can take anywhere from a few minutes to a few days to be approved for coverage, and prospective customers are often getting quotes from multiple insurance providers.

The providers with the fastest turnaround have a better chance of receiving the account and reducing quote abandonment.

Large fines are incurred by insurance providers who pay claims to suppliers or policyholders but miss to collect accurate taxpayer information while onboarding quickly. 

Features

Onboard more customers, enrich digital experience

Quick and Efficient Onboardinge

Compliancely API integrates seamlessly into your existing systems and workflows to automate verifications to give you reliable results instantly

Mitigate Reputational and Financial Risk

Utilizing Compliancely mitigates risk of unsolicited regulatory fines and subsequent reputational risk by ensuring round the clock compliance against CIP and CDD requirements

Delight your Digital Customers

Compliancely API offers a comprehensive, smooth customer experience especially to your digital customers by enabling frictionless verifications during onboarding and claims processing.

Get in touch with our expert consultant for your industry

Request a Demo