Verifying policyholder information is crucial to prevent fraud, ensure accurate risk assessment, and comply with regulatory requirements. Insurers need to verify identities to avoid issuing policies to fraudulent applicants and to maintain the integrity of claims processing.

Motor insurance fraud is a major challenge, often involving false claims, misrepresented vehicle details, and policy stacking. Vehicle verification helps by:

• Confirming the authenticity of registration details.
• Preventing duplicate or fraudulent claims.
• Ensuring correct vehicle classification for premium calculation.
• Reducing instances of stolen vehicles being insured or resold with altered records.

ZOOP validates critical details, including vehicle registration number, make, model, variant, fuel type, engine and chassis number, and manufacturing year. This ensures that insurers have accurate and standardized data for policy issuance.

Traditional onboarding processes often involve extensive paperwork and manual checks. ZOOP eliminates these inefficiencies by offering real-time verification and automated data retrieval. With a simple vehicle number input, insurers can instantly access validated records, enabling seamless policy issuance and reducing processing time.

Yes, ZOOP provides real-time verification of driving licenses and registration certificates by directly fetching data from official government sources. This prevents identity fraud and ensures that policies are issued only to legitimate policyholders.

Absolutely. ZOOP’s technology enables insurers to generate instant, accurate quotes using a single vehicle identifier, such as a registration number. This eliminates the need for manual data entry, making the quoting process faster and more efficient.

ZOOP integrates KYC (Know Your Customer) verification solutions that authenticate policyholder identities using Aadhaar-based eKYC, face matching, and document verification. These measures help insurers onboard genuine customers while minimizing fraud risks.

Common fraud types include:

• Staged Accidents – False claims involving deliberate accidents.
• Policy Misrepresentation – Providing incorrect vehicle details for lower premiums.
• Duplicate Claims – Claiming reimbursement for previously settled damages.
• Vehicle Cloning – Using forged documents to insure stolen vehicles.

ZOOP mitigates these risks through robust verification mechanisms, including document authentication, face liveness detection, and fraud detection algorithms.

ZOOP ensures that insurers adhere to regulatory mandates by providing secure digital KYC solutions. It enables real-time identity verification, document authentication, and consent-based compliance measures, reducing risks associated with money laundering and fraudulent transactions.

Yes, ZOOP cross-checks driver’s licenses, vehicle registration certificates, and other official documents against government databases to confirm authenticity, ensuring compliance with industry regulations.