Detect, prevent, and manage claims fraud across all lines of business

Today’s fraudsters use highly sophisticated criminal tactics and masterful exploitation of organizational vulnerabilities. Many insurers use simple transactional monitoring systems to detect fraudulent activity, which can work very well for individual claims fraud. However, with the increasing sophistication of insurance fraud, it’s important for insurers to go further in their strategy and apply advanced analytics. Looking for the potential of fraud in key entities (not just individuals) and examining social networks for unique and unexplained relationships between entities can help address the growing issue of organized fraud.

SAS helps financial institutions improve their fraud monitoring programs through our industry-leading analytical software and solutions and our extensive professional services experience.

What we can offer you

• A hybrid approach to fraud detection
• Domain expertise
• Intelligent case handling
• Flexibility and configurable framework

With SAS you can

• Reduce false positives
• Uncover more fraudulent activities
• Get a consolidated view of fraud risk
• Lower loss-adjustment expenses, and gain a greater competitive advantage

Talk to us. Help us to understand how we can support your commitment to fight and prevent Fraud and Financial Crimes.

Fill in your information and we’ll contact you to arrange for the session at your convenience.

Gerard McDonnell
Regional Solution Director, Fraud & Security Intelligence
SAS