Shriram Life Insurance coverage adopts technology-driven eKYC providers

Shriram Life Insurance coverage is dedicated to offering a superior expertise to its semi-urban and rural prospects. The UIDAI has now recognised Shriram Life Insurance coverage as a KUA/AUA (KYC Consumer Company & Authentication Consumer) company. The certification will allow it to finish eKYC for the purchasers when soliciting new enterprise and through different coverage servicing processes.

Explaining the importance of the event, Cassie Kromhout, MD & CEO, Shriram Life Insurance coverage Firm mentioned, “The authorisation from UIDAI will allow us to simplify buyer onboarding for our valued prospects. Now, with the assistance of an OTP, we will full eKYC in minutes, with out having to add pictures or paperwork. It’s going to velocity up the method and eradicate the necessity to furnish paperwork, which might not be obtainable on the time of sale. It might probably show a boon for our prospects from distant and rural areas, the place now we have a big presence. We will problem insurance policies rapidly and supply prospects with rapid life insurance coverage safety through their smartphones.”

The authorisation will enable SLIC to offer its prospects with a seamless expertise. It will likely be capable of confirm paperwork for the shoppers inside a short while. The corporate has additionally gone reside with this large enabler in its core techniques and point-of-sale cell purposes.

SLIC will now be capable to enhance buyer satisfaction, function at a quicker charge, enroll extra shoppers, and resolve claims within the lowest period of time.

Get actual time updates instantly on you gadget, subscribe now.

Supply hyperlink

You May Also Like