How Identity Management Drives Customer Experience and Reduces Risk for Commercial Insurers
Basic identity-verification techniques include text and email verifications.
Digital identity begins with determining whether the person or business is real, then authenticating that they are the right individual or business.
New York data security regulations are only one of a movement among regulators aimed at requiring insurers to asses and communicate their own data risks.
Face to face business may be slower and sometimes less productive, but it also creates greater confidence about who insurers are dealing with.
Preventing identity fraud begins with auditing and assessing customer and data touchpoints, then determine where and how to apply appropriate friction.