Mitigate claims fraud
According to the Insurance Information Institute, the estimated cost of property and casualty insurance claims fraud is USD 32 billion in the US alone. And these losses are only growing.
Deter, prevent and intercept multiple types of insurance fraud with IBM® Financial Crimes Insight for Claims Fraud.
Stop claims fraud
We process over 25,000 auto claims per month, and selected IBM to provide us with a structured anti-fraud solution that would improve and strengthen our Auto and Casualty fraud claims processes, through better alert accuracy and investigative efficiency.
Brazilian insurance company
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