Insurance Verification Process

 

Insurance_flow_v2

Step-by-Step Process for Insurance Verification

1

Business Requests Data

Kristin is applying for an auto loan. Best Auto Lender wants to verify Kristin has the appropriate insurance coverage. Best Auto Lender works with MeasureOne to verify insurance for their auto loan applicants.

2

Consumer Consents and Grants Access

Kristin gives MeasureOne consent to access her current insurance data and share her insurance information with Best Auto Lender.

3

MeasureOne Accesses the Data

Kristin provides MeasureOne the necessary credentials to access her insurance data from a trusted data source. MeasureOne accesses and extracts Kristin's insurance data, and uses it to confirm her insurance coverage.

3b

Consumer Uploads Required Documents

Alternatively, if Kristin cannot access her data, she uploads her insurance dec page or policy. MeasureOne parses her policy, accesses and extracts the data to confirm her coverage.

4

Success! Data Shared with the Business

MeasureOne reports Kristin's insurance data to Best Auto Lender.

KRISTIN CLOSES ON HER AUTO LOAN!

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