Secure, with core insurance system integration capability with traffic authority, insurance association and insurer.
The manual paper-based certificate issuance process exposes insurance companies to risks like double insurance instances, false certificate records, stolen insurance certificates and much more. For the insurance authority it means high costs and delays in the issuance process.
The Beyontec Motor Digital Certificate Platform is a cloud-based industry solution that helps the insurance industry transition safely, from paper to digital certificates, to cut fraud and related costs associated with motor policy certificate issuance.
As soon as the policy is generated in the core system, the platform automatically generates the certificate number that can be used to issue the new digital certificate.
Insurance authority can allocate digital certificates to insurance companies and also set the auto-approval limit for each insurance company. Internal certificate allocation can be done by insurers at multiple levels or in its branch offices, and can be classified based on user type.
The insurance authority dashboard feature lists all the insurance companies registered with the regulator and the available valid certificates.
Platform has powerful authentication tools and microservices, and comes with multiple levels of firewalls with data encryption and SSL protection for web use.
View and download the digital certificate using mobile apps. Traffic authority can validate the digital certificate by scanning barcodes/QR code using a mobile app.
Insurance companies can search certificate details by company name, certificate number and premium status and have the ability to revoke lapsed certificates.
The platform can recognize text in scanned license number plates and validate the status of a motor certificate.