Use Cases Supported
General Insurance
Motor Insurance
Health Insurance
Home Insurance
Fire Insurance
Travel Insurance
Life Insurance
Term Insurance
Whole Life Insurance
Endowment Plans
Unit Linked
Insurance Plans
Child plans
Pension plans
PRODUCTS
Choose from IRDAI-compliant
modules
PIVC Automation
Automate PIVC with Speech-to-Text, Lip Reading, and Multi-Lingual Video Statements.
Auto Selfie Capture with Face Match, Liveness Detection, and Deepfake Prevention.
Underwriting 2.0
Capture financial data from scanned pdfs in addition to Account Aggregator
Analyze granular insights such as expense categories, recurring transactions, and fraudulent activity
Support a wide range of documents, including bank statements, ITR, payslips, Form 16, etc.
Fraud Checks
AI-powered forgery and tampering checks for during policy issuance and claims.
Conduct AML checks, including sanctions, watchlists, and PEP screenings to prevent fraudulent claims.
Detect deepfakes with advanced vector graphics and image/video injection detection.
Aadhaar Esign
Detect ESP downtime automatically and trigger backup ESPs.
Execute swift eSigns with industry-best success rates
Generate and modify PDFs within 2-3 days
OCR for Insurance Docs
Extract data from documents like bank statements, pension proofs, and death certificates for faster underwriting.
Perform advanced quality checks, liveness checks, and document integrity verification.
Ensure compliance with Aadhaar redaction and process documents in real-time.
Customers love HyperVerge!
How HyperVerge and OONA reduced TAT to under 5 mins
“HyperVerge’s IDV solutions enabled us to digitise onboarding end-to-end. The integration was smooth, and their OCR technology is the most accurate in extracting Philippine national IDs and policy documents. By removing friction during signups, we have been able to provide a seamless experience to our customers.
Normie Ortiga
CIO, Oona Insurance Philippines
How can insurers reduce drop-offs during agent-led and digital onboarding journeys?
Drop-offs often happen due to broken KYC flows. HyperVerge enables multi-channel onboarding with fallback automation, real-time nudges, multilingual support, and smart document capture to drive higher conversions.
What are the 80-20s to get right when implementing a KYC process/ solution?
- Try to use a workflow orchestrator instead of building everything yourself
- Use passive liveness as a best practice. It has a high conversion rate, requires very little instructions and works well on all devices and bandwidth conditions
