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Industry

Insurance & Surety

INSURANCE & SURETY

You're pricing risk from assumptions, not evidence.

Estimated annual U.S. insurance fraud losses reach $308.6 billion, with healthcare fraud accounting for approximately $105 billion of it. In contact centers monitored by one voice security vendor, synthetic voice attacks on insurers rose 475% in 2024 and insurance fraud attempts rose 19% year over year. Generative AI fraud losses are projected to reach $40 billion annually by 2027.

Underwriting models run on self-reported data. Claims investigations take months because records are fragmented, contested, or missing. The entity that verifies the asset is typically engaged by the entity presenting it.

How KiVerify Solves It

Insurance & Surety

KiVerify™ gives carriers independently verified, tamper-resistant asset data across construction, aviation, marine, and energy. Risk can then be priced against evidence rather than assumption.

01
$308.6B annual insurance fraud
Coalition Against Insurance Fraud, 2022
02
10% premium credit for evidenced resilience investment
FM Global, 2025
03
4.4x total cost per $1 of fraud loss
LexisNexis, April 2024
04
$9.3B annual post-disaster fraud
NICB, 2024
05
3 to 5 point loss ratio improvement for leading P&C insurers
McKinsey, 2021
06
6 to 9% combined ratio upside
BCG, 2018
All of these data points were taken from reliable sources. You can read everything here.
Built for owners. Relied on by the capital stack
Faster
Decisions that used to wait on confirmation move, because the confirmation is already on the record.
Lifecycle Persistence
150TB per $500M project, archived up to 30 years.
Independence
Cannot be retrofitted by incumbents who generate revenue from the parties they would need to verify.
Compliance
SOC 2, ISO 27001, 42001 and 9001 compliance program in progress; GDPR alignment, CMMC readiness, and FedRAMP in preparation.