|
|
Insurance Fraud
Insurance fraud costs the U.S. insurance industry over $50 billion each year.
Depending on the type of insurance offered, people ranging from policy holders to doctors and lawyers have been involved in some form of insurance fraud.
Professional criminal fraud rings target carriers and flood them with thousands of fraudulent claims each year.
The task of investigating large numbers of questionable claims is formidable, slow and resource-intensive.
Data management and analysis can eliminate much of the basic fraud. Insurance carriers can also automate advanced warning of possible fraudulent behavior through thorough analysis and categorization of policyholders.
The Visual Analytics Solution
Data Clarity® is the ideal tool for quickly and easily identifying suspicious activity among recurring individuals and organizations.
Using Data Clarity's advanced information retrieval capabilities to extract information from multiple data sources simultaneously, along with its powerful data mining, visualization and analysis capabilities, the Visual Analytics solution allows you to:
 Establish Connections - expose relationships that exist between insurance customers.
Expose Indirect Relationships - visually show relationships that span across individuals and organizations perpetrating fraud.
Identify Fraudulent Identifiers - perform name and value matching for unparalleled data exploration.
Track and Correlate - quickly identify new targets and expose patterns of activity in virtually any database.
|
|
