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Tuesday, November 6 • 4:55pm - 5:15pm
Using business analytics to improve an insurers fraud detection capabilities – and directly impacting the combined ratio

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Insurers continue to face a tough market. The last decade has seen many insurers concentrate on operational efficiencies to drive down their operating expenses such as introduce new low cost distribution channels and reduce commissions and to more granular price the risks they are looking to  taking on. Now many insurers are looking to address how they can improve in a cost efficient manner, their ability to detect and prevent insurance fraud. This is against a perception of increase fraud both as a result of the current global economic climate and that many organized criminal gangs have identified insurers as the next industry to target.
The SAS Fraud Framework for Insurance allows insurers to both identify claims, and networks of claims, with a high probability of fraud and to be able to help prevent fraud by bringing this learning into the new business and underwriting team. We will share somereal life examples of how insurers have directly impacted their combined ratioby using these techniques to support their fraud strategies.

Vortrag in englischer Sprache und überwiegend fachlich


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Tuesday November 6, 2012 4:55pm - 5:15pm
Watford Saal Congress Centrum Mainz

Attendees (10)