The Knowledge Exchange / Risk Management / Rachel Alt-Simmons, Sr Industry Consultant, Insurance, SAS

Rachel Alt-Simmons

Rachel Alt-Simmons, Sr Industry Consultant, Insurance, SAS

Rachel Alt-Simmons, a Senior Industry Consultant for Insurance at SAS, has more than 12 years of experience in the insurance industry including two years at Travelers where she founded their Center of Excellence for analytic technologies and user engagement. Alt-Simmons’ experience also includes a stint as Research Director with the analyst firm TowerGroup and 10 years with at Hartford Life in US Wealth Management Business Intelligence & Analytics Competency Center. Contact Rachel Alt-Simmons via email at rachel.alt-simmons@sas.com.

Insurers tackle thorny issues in fraud detection and prevention

Insurance Fraud Panel PBLS

The Insurance Information Institute estimates that 10 percent of all property and casualty claims are fraudulent. Investigating suspicious claims after they are paid makes it so much harder for insurers to stop the fraudsters. In this post, Rachel Alt-Simmons reports on a panel discussion between Allstate and CNA, insurers that are now using data-driven decision making to detect and prevent fraud.

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The operational risk dilemma: Prevent the fire

Rachel Alt-Simmons

Events of the past decade have highlighted insurers’ need to evaluate the impact of operational risks. Rachel Alt-Simmons gives examples of insurers that have not adequately protected themselves from disaster or loss. Read what you can do.

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