One in ten people see claims fraud as a victimless crime as they think they can easily get away with it. This public perception of insurance fraud is hindering counter fraud activities. Insurers need to add advanced analytics to their artillery to combat insurance fraud.
While Insurers have been utilizing traditional techniques such as predictive modelling and business rules to detect potential fraudulent cases, the problem continues to grow. Innovative & Disruptive technologies such as social media analytics, voice analysis and image analysis can go the extra mile to detect and prevent opportunistic and professional frauds.
This session will introduce a few of these techniques and describe how they can improve the number of frauds detected.
Topics to be covered in the session:
New tactics and innovations used by fraudsters
What can be done to identify fraud at various stages
Overview of Hexaware's iFraudEngine
There will also be the opportunity for you to quiz the speaker as part of a LIVE Q&A session.
** Can't make it on Wednesday? No Problem!!
Register Here to receive the presentation via e-mail after the webinar has taken place.
Head – Healthcare & Insurance Solutions Group
Shailendra Deo heads the Healthcare & Insurance Solution Group at Hexaware. Shailendra has 20+ years of experience in the IT Industry ranging across multiple domains with 10+ years in Insurance across P&C, Life and Health insurance and reinsurance domains. He is an engineering graduate and carries a rich international background in consulting, business analysis and designing IT solutions for leading global insurers.