Utilizing Auto Insurance Analytical tools to combat Fraudulent Claims

The rate at which insurance frauds are happening today is startling as it accounts for at least 10-12 percent of all insurance premiums, a proportion that has remained moderately steady for the past two decades. However, in reality the entire scale or real numbers is still unknown. Regardless of the possibility that there are authoritative […]

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Mobile Solutions: The Latest Trend in Insurance Claims Management

Smart phone applications have been recognized as a developing phenomenon in the insurance industry. The rise in penetration of cutting edge mobile applications is acting as a catalyst for many in the insurance business as they can now personally tap into customer data and provide them feedback on the go. Over the next five years, […]

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Essential Reasons for Adapting Claims Analytics in Healthcare Insurance Industry

The introduction of analytics has come full circle from its earlier usage, where stats were the only thing one could see with the available analytical tools. Today, claims analytics has become an important aspect in resolving claims management and processing level issues, presenting insurers with real-time reports, to catch FWA claims, along with faster decision making ability and foresee […]

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Claims Investigation: A Tactical Approach That Helps You Find Fraud Claims

Insurance agencies each year spend millions of dollars in investigating claims that are fraud or fake. While reasonable amount deceitful claims sneak past the claims investigator, payer organizations efficiently get hold onto some of them. And do remember that some of the most serious false claims scenario can land up the claimant in jail as well, tried under a […]

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