Categories
Enterprise

Insurance Underwriting

Business Objective

Insurance providers wanted an onboarding process that used video to capture remote KYC and onboard customers as per regulator norms

Problem Statement

Insurers are mandated to collect:

  • Consent
  • Liveliness, face match with the ID
  • Document extraction for form pre-fill

Solution & Outcome

MYSTiQUE helped reduce on-site visits and customers can complete their process in under 1 minute with 90% accuracy

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