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Risk Management

We have achieved remarkable growth in the space of rendering credible administrations for the Verification of Insurance Claims. In numerous protection guarantee cases protection, the specialist rapidly needs to locate the genuine conditions of the case.

4SL

Risk Management

Claim Investigation :


We have achieved remarkable growth in the space of rendering credible administrations for the Verification of Insurance Claims. In numerous protection guarantee cases protection, the specialist rapidly needs to locate the genuine conditions of the case. At times exploitative customers will in general bend or even stow away essential data and certainties. Insurance agencies regularly need to unveil protection misrepresentation and take viable counter-measures. Give us a chance to help our customers with it.

  • Insurance Death Claim Investigation
  • Address Checks
  • Identity and Personal Checks
  • Family Checks and Financial Checks
  • Medical summary Checks
  • Past and Last Illness Details Checks
  • Neighbourhood checks
  • Information collection on above aspects
  • Proof & Evidence gathering on above aspects

The news of Insurance Fraud in India pops up regularly in the media. The insurers are losing millions as a result of fraudulent claims and fraudsters have posed a serious threat to the insurance industry. The fraudulent insurance claims are generally made by forming a strategy and are supported by fabricated documentary evidence such as fake death certificates, hospital bills, and medical reports, and in some cases police reports. The beneficiaries also arrange for false witnesses in support of their claim. Under such circumstances, a basic investigation is not enough to expose the fraud and thus a detailed investigation needs to be carried out to verify the death, cause of death, place and time of death, and other particular information. Organized gangs have emerged who have nexus with doctors, police officials, and municipal office and village administrators. To fight this menace, the insurers have either set up their fraud control units or have outsourced the said work to specialized agencies.


Our team of expert investigators is specialized in death claim verification in India and has the potential to smell the rat and expose the fraud. Their experience in the industry has enabled them to prudently differentiate fraudulent claims from genuine claims. Analysis of minute details gives a clue as to the genuineness or fraud involved in a claim. The suspected documents and information are verified in a specialized manner which reveals the truth of the claim. During the claim investigations, the statements of third parties who are familiar with the death of the insured are also recorded and matched with that of the beneficiary. If there is any inconsistency between the statements, the same is investigated in detail. After the investigation is complete, we will send you a detailed report containing all the relevant information.

4SL

KYC Services

Banks and NBFCs have the major risk of fraud and cheating. Companies dealing with loans and other financial services need to know their customer in a better way. They have termed this as Know Your Customer or KYC. It is required for the customer to avoid risks such as load defaults or frauds and cheatings. Banks and NBFCs need to verify their customer’s identities and address for basic banking services. Whenever there is any lending or services related to the loan is required in that case in-depth verification of the customer is done. In Banking and NBFCs, all the details submitted by the customers need to be properly verified. Apart from the customers, banks and NBFCs need their employees also to be verified. These companies are highly exposed to the risk of financial and cybercrimes conducted by their employees.


Why KYC in Banking?

Because money launderers and other criminals tend to use fraudulent identities during the on boarding process to mask their true identities, KYC laws require financial institutions to “get to know” their customers by confirming to a high level of assurance that those customers are who they say they are.

4SL

Verification of Mortgage

A verification of mortgage is documentation of your mortgage payment history. The verification of mortgage, which is often required when applying for a loan, is used to verify your existing balance and monthly payments, and to check for any late payments on the account. A verification of mortgage is one of the many documents needed to prove that you are capable of paying back the money loaned, and is provided by your current lender.

Because money launderers and other criminals tend to use fraudulent identities during the on boarding process to mask their true identities, KYC laws require financial institutions to “get to know” their customers by confirming to a high level of assurance that those customers are who they say they are.


Components in Baking Services :

  • Loan Verification

  • Credit Card Verification

  • KYC Compliance