Fraud remains a huge problem around the globe, and Canada is no exception. According to a recent study of more than 1000 senior Canadian business executives, even though 80 percent felt that fraud prevention and detection were a priority, only 9 percent are using business analytics software effectively to help detect fraud! Without analytics, how are you finding and stopping fraud?
Given the increase in fraudulent claims, it is imperative for insurance companies to leverage technology as a key enabler to combat crime-ring-based fraud. Read this article to learn why predictive analysis is important for insurance fraud protection.
The growing threat of enterprise-class fraud
Leader’s integrity tied to risk management culture
Combating blood money with big data
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