Increase Trust, Reduce Risk
Critical document trust infrastructure for the new world of AI-generated fakes and forgeries.
Industry Pain Points
Insurance document fraud costs the industry an estimated $80 billion annually in the United States alone. The emergence of AI-generated documents has transformed fraud from a sophisticated criminal enterprise into something anyone with a laptop can attempt. Fake policies, fabricated claims, and forged certificates of insurance now pass traditional verification methods with alarming regularity.
The verification gap is crippling claims operations. When a claim arrives, adjusters spend hours—sometimes days—manually verifying policy terms, confirming coverage dates, and cross-referencing documentation. A single fraudulent claim that slips through can cost hundreds of thousands of dollars. Yet the manual processes designed to catch fraud create bottlenecks that frustrate legitimate policyholders and drive up operational costs.
Certificates of Insurance (COIs) represent a particularly acute vulnerability. Contractors, vendors, and tenants routinely present COIs that reference cancelled policies or contain inflated coverage limits. Traditional phone-based verification is slow and unreliable. Many companies simply accept certificates at face value—until a loss occurs and they discover the coverage was never valid.
The trust gap extends throughout the insurance ecosystem. Reinsurers cannot efficiently verify the underlying policies they're covering. Regulators struggle to audit policy documentation at scale. Brokers face liability when policies they place are later disputed. Everyone in the chain relies on trust where cryptographic verification should exist.
How Integra Solves It
Stop worrying about document fraud. We've got you covered.
Instant Policy Verification
Register insurance policies as Real World Contracts at the moment of issuance. Every policy receives a unique integraHash—a deterministic cryptographic fingerprint permanently recorded on the blockchain. Change a single character in the policy terms, coverage amounts, or effective dates? The hash breaks instantly, providing mathematical proof of tampering. Coverage limits, deductibles, and endorsements become immutable and independently verifiable via simple REST API or smart contract query.
Tamper-Proof Claims Processing
When policyholders submit claims, compare them against blockchain-registered policy RWCs in under one second. Integra detects any alterations—inflated claim amounts, backdated submissions, or fabricated documentation. What traditionally required days of manual review and phone verification now happens instantly with cryptographic certainty. Integrate via webhook to flag suspicious claims before they enter your workflow, or use our SDK to embed verification directly into your claims management system.
Real-Time Certificate Verification
Enable third parties to verify active coverage instantly via QR codes or API calls. Landlords, contractors, and lenders scan a certificate's QR code to verify active coverage in real-time, with cryptographic proof linked to the blockchain-registered policy RWC. No more phone calls to agents. No more expired certificates slipping through verification gaps. The document itself proves its authenticity—or reveals its invalidity.
Complete Audit Trail
Maintain an immutable blockchain record of all policy amendments, renewals, endorsements, and cancellations. Every change is timestamped and cryptographically verifiable through the Document Registry, creating a complete audit trail that satisfies state insurance commissioner requirements, supports litigation, and provides court-admissible proof of policy history. Resolvers track lifecycle events automatically without disrupting existing workflows.
Insurance Use Cases
Auto Insurance
Verify policy coverage in real-time at accident scenes, repair shops, and DMV offices. Officers and adjusters scan a policy QR code to confirm active coverage, policy limits, and named drivers. Eliminate the 20% of auto claims involving policy misrepresentation. Integrate with telematics providers via API to bind driving data to policy RWCs for usage-based insurance that's cryptographically verifiable.
Property & Casualty
Register commercial property policies with integraHashes that capture building specifications, coverage limits, and endorsements. When losses occur, claims adjusters verify the exact policy terms that were in force at the time of loss—not a potentially altered version. Mortgage lenders verify coverage on collateral properties instantly via API, eliminating the days-long verification process that delays closings.
Workers' Compensation
Combat premium fraud with cryptographic proof of payroll classification and employee counts at policy inception. When claims arise, verify the worker was covered under the policy in force on the injury date. Audit subcontractor coverage certificates in real-time on job sites. State workers' comp boards can verify employer compliance through public blockchain queries without requesting documentation.
Professional Liability
Verify E&O and D&O coverage for professionals and executives with court-admissible cryptographic proof. When claims arise years after policy periods, the exact coverage terms are retrievable and verifiable. Carrier defense teams access the unaltered policy language that was in force. Tail coverage and extended reporting periods are tracked through Lifecycle Resolvers with automatic notifications.
Reinsurance
Reinsurers verify the underlying policies they're covering without accessing confidential policyholder data. The integraHash proves the policy exists and hasn't been altered—without revealing coverage terms to anyone except authorized parties. Treaty compliance becomes auditable. Bordereau reconciliation happens automatically through ProcessHash correlation between cedent and reinsurer systems.
Parametric Insurance
Bind parametric triggers to blockchain oracles that feed verified data into RWC-linked smart contracts. When a hurricane reaches Category 3 or an earthquake exceeds 6.0 magnitude, payments execute automatically based on the policy terms registered as RWC. No claims adjusting required. Policyholders receive funds within hours of triggering events. Composable with DeFi protocols for instant liquidity.
Benefits & ROI
Stop worrying about document fraud. We've got you covered.
Fraud Reduction
Insurance carriers using integraHash verification report 40-60% reduction in successful document fraud. Every fraudulent policy or fabricated claim that would have succeeded now fails instantly against cryptographic verification. At an average fraudulent claim cost of $15,000, preventing just 100 fraudulent claims annually saves $1.5 million. The ROI compounds as fraudsters learn your documents are blockchain-verified and shift to easier targets.
Accelerated Claims
Reduce average claims processing time from 14 days to under 48 hours. Verification that required phone calls, document requests, and manual review now happens via API in milliseconds. First Notice of Loss integrations can verify policy coverage before the call ends. Legitimate claimants receive faster payouts. Adjusters focus on complex claims rather than routine verification tasks.
Operational Savings
Eliminate manual document handling, phone-based verification, and paper certificate management. Carriers report 60-80% reduction in verification-related labor costs. Certificate verification that required 15-minute phone calls now takes 2 seconds via API. Annual savings of $50-200 per policy for high-volume commercial lines. Integration via REST API requires no blockchain expertise from your IT team.
Enterprise Trust
Position your company as an innovation leader with blockchain-verified policies. Brokers and agents prefer placing business with carriers whose documentation is cryptographically verifiable. Regulators view blockchain audit trails favorably during market conduct exams. Reinsurers offer improved terms when underlying policies are RWC-verified. Build the trust infrastructure that satisfies institutional partners and regulatory requirements simultaneously.
Frequently Asked Questions
See How Leading Carriers Are Eliminating Document Fraud
Schedule a personalized demo to see integraHash verification in action with your policy documents. Our insurance industry specialists will show you exactly how Integra integrates with your existing systems and calculate your potential fraud savings.