Insurance

Speed up processes

Use contextual customer insights to limit churn, reduce risk, improve compliance, and provide a better customer experience.
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Clientele

Fortune 500 companies trust us

Partners

Delivering success together
Insights with privacy


Mitigate risks before they become liabilities

Compliance & Risk

Continuous compliance
Real-time customer due diligence with multi-layer name screening and daily AML checks.
Mitigate risk
Know the relatives or associates of a fraudulent person to find hidden risks and exercise caution when dealing with them.
Fraud detection
Know whether the same house, land, or vehicle is used as collateral for any other loan at any time by any person.

Business Growth

Modernize legacy systems
Calculate SAR and group customer exposure with guaranteed data confidentiality using privacy-enhancing technology.
Better marketing
Increase conversion rate with contextual insights on prospects and customers during underwriting.
More sales
Targeted campaigns help cross- and up-sell services. Use customer householding to deliver custom product offerings.
Impact that elevates

your operational standards

With over two decades of empowering banking and financial service leaders, we help enterprises lead their markets with enhanced efficiency.
25x
customer qualification processing time
5-15x
business growth
360°
view for risk free lending

Leaders choose us for ‘The Posidex Advantage’

Attain a single source of truth

We enable your teams with an all-encompassing real-time view of customers for profiling, synchronization, lineage and governance.

Enable global customer insights

Our solutions support federated and encrypted global customer search to unlock comprehensive insights.

Solutions that grow with you

With the capacity to manage 5 billion records in one go, our solutions scale effortlessly while delivering pinpoint accuracy of 99.5%.

Flashfast implementation and time-to-value

We offer one of the quickest deployments in the industry with the ease integration. Our solutions are implemented as fast as just 3 months as opposed to the 1-year traditional industry standard.

Pay only for what you need

Whether for data quality, management, risk or compliance, we adapt to your unique needs with a wide array of customizable solutions.

Maximize returns with minimal investment

Our solutions are designed for minimal infrastructure and low total cost of ownership, so every dollar spent propels you toward greater profitability.

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Federated and privacy-enhanced

Maximize returns with minimal investment

Our solutions are designed for minimal infrastructure and low total cost of ownership, so every dollar spent propels you toward greater profitability.

Orange speaker icon with sound waves indicating volume or audio.
360° real-time view

Attain a single source of truth

We enable your teams with an all-encompassing real-time view of customers for profiling, synchronization, lineage and governance.

Orange gear icon with a clock hand inside, symbolizing settings or time management.
Scalability and precision

Enable global customer insights

Our solutions support federated and encrypted global customer search to unlock comprehensive insights.

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Speed to success

Solutions that grow with you

With the capacity to manage 5 billion records in one go, our solutions scale effortlessly while delivering pinpoint accuracy of 99.5%.

Bright yellow bee cartoon flying with wings spread, showing black stripes and antennae.
Flexible buying option

Flashfast implementation and time-to-value

We offer one of the quickest deployments in the industry with the ease integration. Our solutions are implemented as fast as just 3 months as opposed to the 1-year traditional industry standard.

Red heart shape with a golden ring wrapped around it on a white background.
Low TCO, High ROI

Pay only for whatyou need

Whether for data quality, management, risk or compliance, we adapt to your unique needs with a wide array of customizable solutions.

Hear from our customers

Posidex is a truly innovative Technology company. We have always found them very hungry to scale. Posidex is forward looking company with very capable & humble leadership. We are very happy of our association with Posidex and find it mutually beneficial.

Group Head - IT and CIO
Banking

This is to certify that Posidex has successfully implemented De-duplication for LIC's Customer Identification as per the RFP terms and conditions. The volume of customer records processed are over 750M.

Secretary IT/BPR
Life Insurance

“The total estimated savings will be Rs. 225 million PA assuming a 5% increase in approval and decline rates under the Posidex dedupe match logic. All this has led to an almost 10 times improvement in processing speeds with minimal hardware requirements.”

Assistant General Manager
Banking

Frequently asked questions

What does Posidex do for the insurance industry?

Posidex helps insurance firms reach the highest ROI by mitigating risks before they become liabilities, reducing fraud, uncovering hidden relationships, performing daily AML checks, delivering real-time customer updates, and calculating SAR and group customer exposure.

Does Posidex tailor their solution bundle to the needs of insurance providers?

Yes, the product suite within PrimeMDM can be customized to fit the specific needs of the insurance company for the entire customer lifecycle. This is why our solutions currently power 90% of the life insurance market in India.

Do Posidex solutions integrate with the existing solutions used by the insurance sector?

PrimeMDM uses an API-based architecture. It’s highly configurable, lightweight, and integrates easily with any existing system. The implementation is flash-fast and requires minimal training because of the intuitive user interface.

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