What it can do for your business

Using the wide variety of advanced analytics and big data offered in IBM Financial Crimes Insight for Insurance, insurers can drastically deter, prevent and intercept fraud by improving detection processes, expanding the observation space within the institution and accelerating investigations.

Stop fraud at the onset

Avoid fraudulent claim payments and reduce pay & chase situations. Use multiple advanced analytics throughout the claims lifecycle to uncover suspicious schemes and instantly route them to the SIU.

Lower false positives

Ingest large volumes of data through various analytic lenses to improve the accuracy of decision making and reduce false positive alerts which delay the settlement of legitimate claims and service.

Improve productivity

Strong investigations are more than workflow and record keeping. Provide your investigators with the data and analytics they need to evaluate risk in the context of everything you know.