Transforming insurance data verification with Interac VerifiedTM For Canadian insurers that handle sensitive customer data each day, transforming their data verification operations is more critical than ever. Outdated processes aren’t only costly, time-consuming, and resource-draining, they’re also vulnerable to fraud and litigation. Interac Verified TM delves into how insurers can improve customer experience, and combat fraud, with seamless digital verification that’s convenient, compliant and secure. How can digital verification enhance insurers’ claims experience? Ask the Experts Sponsored How can digital verification enhance insurers’ claims experience? Claims management is a core pillar of the insurance industry. It represents the moment when insurers deliver on their promise to be there for their customers. But today, insurers face a multitude of challenges that are placing extraordinary pressure on their claims handling processes, including an unprecedented surge in claim volumes, rising fraud, strained resources, […] By Interac | December 2, 2024 3 min read Sponsor Image Ask the Experts Sponsored How can digital verification help insurers fight fraud and foster customer trust? Canadian insurance companies are facing one of their biggest challenges yet: mitigating rising fraud and compliance risk, while also providing a seamless, trusted digital customer experience as they modernize the way they collect, verify, and secure customer data. Canadians lost almost $570 million to fraud last year, notes the Canadian Anti-Fraud Centre. Since only one […] By Interac | November 5, 2024 4 min read Sponsor Image Ask the Experts Sponsored How can digital verification help insurers transform the customer experience? In a world where customer experience is a cornerstone of success for Canadian insurers, enhancing the customer journey means modernizing outdated processes and addressing emerging risks — especially when it comes to data verification. Manual data collection, fraud vulnerabilities, and resource constraints have traditionally hindered progress, but Interac Corp. (Interac) is stepping up to help […] By Interac | October 24, 2024 4 min read Sponsor Image