PRIVY FOR INSURANCE

Simplify signing policies and digitize workflows, all with full legal guarantees.

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Challenges in the Highly-Complex Insurance Industry

Insurance is a highly complex business, involving multiple processes to administer existing policies, renew policies, address customer inquiries, and process claims. With the rapid growth and changes in the Insurance industry, digitized workflow need to provide efficiency while delivering a high level of trust and security in user onboarding.

Long and complex process

Long and complex process for new customer onboarding

Fraudulent claim and data forgeries

Growth in fraudulent claim attempts and data forgeries

Claim

Dealing with channel overload and customer inquiries to get claims

Risk of losing customers

Risk of losing customers to more digitally-enabled competitors

Reduce Costs, Increase Turnaround, and Improve the Services to Partners and Customers with Privy Solutions

Automate and Digitize Workflows

Automate and Digitize Workflows

Digitizing workflows helps insurance firms and agents to onboard more customers faster. No more time delays, drastically reduce the need for paperwork, reduce the number of uncompleted documents, and accelerate the entire signing process. With the e-KYC process from Privy, the validity of the customer's and agent's identity is guaranteed because it is verified by the database at Ditjen Dukcapil, thereby reducing the risk of fraud and maladministration.

Faster Processing and Undisputed Insurance Policies or Claim

Faster Processing and Undisputed Insurance Policies or Claim

Increase your business efficiency with faster processing and shorter approval time of insurance policies or claims. Simply send, share, and sign documents to your clients digitally. And with Privy, you can rest assured of the legality of the signed document, because its contents cannot be denied and changed.

Stay Secure and Legal

Stay Secure and Legal

With Privy's legally-binding digital signature, do not worry about the legality and security. We use two-factor authentication and advanced encryption to securely sign and store insurance documents.

Guaranteed Benefits of Using Privy End-to-End Solution for Insurance

Reduce sales cycles for the application process and new customers registration with digital onboarding

Reduce sales cycles for the application process and new customers registration with digital onboarding.

Faster processing and approval time of insurance policies or claims with reduced frauds and errors

Faster processing and approval time of insurance policies or claims with reduced frauds and errors.

Guaranteed security, legality, and compliance, as every digital signature made using PrivyID is non-repudiable before a court of law

Guaranteed security, legality, and compliance, as every digital signature made using Privy is non-repudiable before a court of law.

See Related Solutions That Work Best for You from Our Use Cases

Reduce the need for manual paperwork process of signing insurance application. Your customer can digitally sign the documents, right from your own platform with our Signing API.

See API Integration

From customer onboarding to processing and approving insurance policies or claims, build the platform with our Custom Platform Builder.

See Custom Platform Builder

Market Leader in Life Insurance Companies with the Largest Assets Trust Privy

PrivyID’s client: Bank Raya
PrivyID’s client: Asuransi Manulife
PrivyID’s client: Indomaret
PrivyID’s client: Huawei
PrivyID’s client: Philip Morris
PrivyID’s client: Generali Insurance

Get Started with Privy for Insurance Services

CONTACT SALES SEE CASE STUDY