Organized fraud can target any company at any time, but some insurers are more vulnerable than others. How does your company measure up? Insurers with the weakest fraud detection are more likely to be targeted over insurers with strong fraud prevention programs. Do you know if your claim operation is slow to detect fraud, making you a potential target for fraudsters?
A new white paper, “Does your claim operation look like easy prey to fraudsters?” from ISO ClaimSearch®, explores why some insurers are more vulnerable than others and gives insight into how your company can protect itself against insurance fraud.
In the paper, Tom Mulvey, assistant vice president, Claim and SIU Services, ISO ClaimSearch, shares valuable insights provided by a highly successful fraud-ring leader who got caught. This fraudster had to cooperate with fraud deterrence measures as part of his parole. The white paper also explores how companies can prevent being an easy target.
“Does your claim operation look like easy prey to fraudsters?” includes:
- the reasons fraud perpetrators target one insurance company over another
- what highly successful fraud rings know about insurance companies and why that should concern you
- fraud detection system strengths versus weaknesses
For more information on organized fraud or if you’d like to have your own fraud detection system analyzed for strengths and potential weaknesses, please contact us at email@example.com, or contact your local sales representative.