ALM Strategy and Insurance Market Opportunities slide image

ALM Strategy and Insurance Market Opportunities

Journey Simplification Using new age technologies to ease customer onboarding and improve experience Incorporating facial recognition solutions for easier KYC verification and faster underwriting 21 Γ Digi Video Check Process Benefits Automation of pre-issuance customer liveliness check and KYC verification Verifies customer identity by matching their Aadhar card with live video and geo-tagging Significantly reduces manual interventions; less susceptible to errors FaceMed Convenience for customers Real time fraud detection Improves fraud detection at medical stage and enhances pre-issuance verification Authenticates customer's live image captured with KYC docs Reduced TATS; faster issuance Cost-effective Profitable growth mix distribution Diversified Customer management Risk first & governance Analytics digital & Technology, HDFC Life
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