Insurance Industry

The insurance industry is a high-risk area that includes new customer acceptance, a rigorous assessment and a set of steps. To keep bad actors at bay, comprehensive customer verification is possible with KYC. KnowYourX conducts increased profile scanning for potential customers in this area.

To combat fraud at scale, insurers must evaluate customer identities from the beginning of the insurance lifecycle.

Implementing an effective KYC process includes a rigorous risk assessment for exposure by client type, insurance policy, geography and enforcement screening.

Where customers (policyholders or beneficiaries) misrepresent their names, provide false addresses, or appear on sanctions lists, insurers must take steps to prevent them from opening accounts, purchasing policies, or receiving payments.

All KnowYourX solutions provide the insurance industry with the most accurate infrastructure for anti-fraud and accurate customer profiling and tracking.

Real Estate & PropTech

Industry More

Insurance

Industry More

Health

Industry More

Finance

Industry More

Exchange Offices

Industry More

Education

Industry More

E-Commerce

Industry More

Banking

Industry More

Accomodation

Industry More