Fraud at Enrollment: The Impact of Application Fraud 

Overview

53% of P/C insurance application fraud is perpetrated by family members, friends, or caregivers with intimate knowledge of the victim’s personal details. It’s clear that more advanced security is needed; however, a slow or overcomplicated application can result in lost revenue.

Here’s the solution:

  • Easily deployable technology that triangulates
    data and identities in real-time
  • Access to broad, fresh data sets and ability to
    detect all manner of identity fraud tactics
  • Meet customer expectations of a fast, frictionless onboarding experience

Read this report to learn about advanced digital identity verification tools that ensure an applicant is who they say they are — without negatively impacting user experience.