Identity and screening at quote, without the friction
An insurer has to know who it is quoting, screen where it must, and, where premium finance is offered, take a proportionate credit view, all without turning a quote into a form-filling marathon.
Checks at the point a quote is won or lost
The quote is where an insurer wins or loses the customer, and it is also where identity and financial-crime checks have to happen. Too much friction and the customer abandons; too little and you have quoted, or bound, a risk you cannot stand behind.
Identity sits underneath everything: application fraud, ghost-broking and misrepresentation all start with who the person claims to be. And where premium finance is offered, you are effectively lending, so a proportionate credit view belongs in the flow.
Screening obligations do not stop at onboarding either. Sanctions positions change, and a customer clean at quote may not stay clean through the life of a policy.
The job is to confirm identity, screen for sanctions and PEP markers, and take a credit view where finance is offered, fast enough to live inside a quote.
The data that fits
Checks that fit inside a quote.
Confirm the customer is who they say they are, at quote, without a credit search.
Screen against sanctions and PEP lists at quote, and keep watch where ongoing monitoring applies.
Where premium finance is offered, a soft credit view that does not affect the customer's score.
Through Credit Canary
At quote, CallValidate confirms identity and PEPs and Sanctions screens the customer in the same step, routing any match to a reviewer. Where you offer premium finance, a soft CallReport adds a proportionate credit view with no footprint. The customer sees a smooth quote; you have the checks on record.
One integration, at a better rate, with screening able to keep watch across the life of a policy where that is in scope.
Related
Credit data for insurers: FAQs
No. Identity and screening run on the details the customer already provides, so they fit inside the quote.
Only where you offer premium finance, and then a soft search is proportionate and leaves no footprint. A plain quote needs identity and screening, not credit.
Where ongoing monitoring is in scope, screening can keep watch across the life of the policy.
No. CallValidate confirms identity for KYC and AML and does not assess creditworthiness.
Check at quote, keep the customer
Tell us how you quote and bind, and we will quote identity, screening and a soft credit view on one integration, at a better rate.