Insurance Compliance Software for Insurers and Insurtechs

Insurance Compliance Software for Insurers and Insurtechs

Qoobiss is insurance compliance software for insurers, insurtechs, MGAs and embedded insurance providers. It automates policyholder identity verification, intermediary KYB, AML screening, insurance fraud detection and audit-ready risk controls in one modular stack. Verify policyholders, screen intermediaries, cut manual review and keep evidence ready as your operations scale across products and markets.

Compliant Onboarding at the Speed of Digital Insurance

Insurance is moving to embedded products, instant quotes, API-driven distribution and fully digital journeys. Customers expect to buy in minutes, while regulators and risk teams still need identity checks, screening, documentation and consistent decisions.

Qoobiss lets insurance teams move faster without lowering controls. Instead of separate tools for onboarding, verification, screening, fraud checks and reporting, teams run the full lifecycle in one place: onboard, verify, screen, monitor, decide and sign.

Stop Fraud Before Policy Issuance

Fraud can enter long before a claim is filed. Synthetic identities, manipulated documents, impersonation and high-risk intermediaries all create exposure at application.

ONTRACE, OMNICHECK and OVERWATCH catch that risk before a customer, agent, broker or corporate counterparty is approved:

• Document and identity fraud prevention: ID documents, facial biometrics and liveness detection

• Synthetic identity detection: mismatches and suspicious onboarding patterns behind synthetic identity fraud

• Risk-based onboarding: low-risk applicants fast-tracked, higher-risk cases escalated

• Intermediary screening: KYB, UBO, sanctions and PEP checks on brokers, MGAs and business accounts

Onboard Policyholders, Agents and Beneficiaries

ORIGIN is the orchestration layer for insurance onboarding. Teams configure different flows for retail and corporate policyholders, brokers, agents, beneficiaries and counterparties without rebuilding the onboarding stack.

Each journey gets the right level of friction. A low-risk retail policyholder moves through a fast digital flow, while a high-value policy, corporate account or intermediary triggers extra checks, approvals or manual review.

• Configurable workflows by product, geography and risk profile

• Automated identity verification for policyholders, agents and beneficiaries

• KYB verification and UBO checks for MGAs, brokers, commercial policyholders and reinsurance counterparties

• Fallback paths for manual review, enhanced due diligence or extra documentation

AML and Sanctions Screening Across the Insurance Relationship

Compliance doesn’t stop at policy issuance. Risk status changes during the relationship, especially for high-value policies, cross-border accounts, intermediary networks and commercial lines.

In the EU, life insurance and investment-related insurance are covered by AML rules, and the EU Anti-Money Laundering Regulation brings them under one rulebook from 10 July 2027. Sanctions screening applies to every line. OMNICHECK handles both at onboarding and through ongoing monitoring, and alerts the compliance team when a policyholder, beneficiary or broker becomes newly exposed. Our guide to AMLR for life insurers covers the changes in detail.

• Screening of applicants, beneficiaries, brokers, MGAs and business entities, including politically exposed persons

• Continuous monitoring for high-risk or high-value relationships

• Transaction monitoring for early surrenders, overpayments and unusual refunds

• A traceable record of screening results, decisions and actions

Insurance Fraud Detection at Application and Claims

Claims fraud and application fraud often share the same signals: identity inconsistencies, suspicious documents, repeated attempts, and mismatches between the person, the document and the policy.

OVERWATCH evaluates those signals and triggers alerts or holds when risk is detected. That makes Qoobiss useful for claims teams as well as onboarding, with re-verification of the claimant and document checks at first notice of loss and before settlement. See how Qoobiss handles fraud prevention across the policy lifecycle.

• Suspicious identity and document patterns flagged

• Risk checks at FNOL and before claims settlement

• Risk scoring that escalates cases before losses occur

• Investigation-ready evidence for internal reviews and audits

Stay Audit-Ready Across Products and Markets

Insurers need more than a pass or fail result. They need to show how a decision was made, which checks ran, which signals were evaluated and who approved the case. Qoobiss logs every check, decision, rule and piece of evidence, so compliance teams have a structured record for internal reviews, external audits and regulator requests.

• Traceability: every check, data point, decision and escalation recorded

• Structured evidence: identity, document, screening and risk signals in one case view

• Configurable policies: different rules by product, country, customer type or risk level

• Central decision view: consistent controls across onboarding, underwriting and claims

No-Code Workflow Builder for Insurance Compliance

Qoobiss fits into existing insurance systems rather than replacing them. With ORIGIN, teams design onboarding flows, decision points, fallback routes and escalation paths, connecting ONTRACE, OMNICHECK, OVERWATCH and electronic signature as separate steps. Start with identity verification, then add AML screening, KYB, ongoing monitoring or fraud prevention as you grow.

• RESTful APIs, SDKs, webhooks and sandbox testing

• Modular adoption: start with one capability and expand

• No full platform replacement required

• Configurable workflows for retail, commercial, intermediary and claims journeys

Use Cases Across Insurance and Insurtech

• Digital-first insurers: compliant onboarding at scale, with risk controls from day one

• Embedded insurance providers: verification inside partner distribution flows

• MGAs and delegated authorities: KYB, UBO and screening across intermediary networks

• Life and health insurers: identity verification, beneficiary screening and AML checks on high-value policies

• Claims teams: claimant re-verification, evidence capture and risk escalation at FNOL and settlement

• Reinsurers: counterparty screening for treaty and facultative placements

• Insurance marketplaces and aggregators: risk-based onboarding for providers listed on the platform

Work in other regulated sectors? See Banking & Lending, Fintech & Payments and Healthcare.