The concept of new and emerging provider fraud trends doesn’t only apply to recent medical providers showing up on your radar.
Customer expectations for faster, more convenient service have been one of the key drivers of innovation for insurers.
Low-exposure medical provider fraud may be costing you millions
Digital adoption and automation have rapidly accelerated the past two years, and fraud management needs to keep pace.
Learn about updates to the ISO Crime and Fidelity Insurance Program for 2022.
Straight-through processing is considered the holy grail of digital claims—where insurers can intake, process, and pay claims automatically
As insurers’ interest in artificial intelligence (AI) grows, we must not only embrace its immense capabilities but also work to mitigate its potential risks.
Medical provider fraud, waste, and abuse— which have largely eluded most insurers—is an insidious, often unseen, problem that can damage insurers’ margins.
Application integrity for personal auto insurance has deteriorated more than 20 percent over the past eight years, according to Verisk research.
The use of external data can help insurers identify potential fraud, but also shorten the customer journey by validating information more efficiently.
Adjusters can quickly find claimant details from policy information and verify the parties involved in an accident are who they say they are in Decision Net.
The future of claims is about elevating the customer experience, and insurers that aggressively pursue digital enablement today will be primed to excel tomorrow.
Digital technology has become critical to provide core claims services during lockdown. Verisk is at the forefront in this field with a full range of claims solutions.
Today, we can examine insurance trends that are likely to continue post-COVID-19. Here are some key takeaways for insurers as a new chapter unfolds across the industry.
Insurers are turning to AI to detect claims fraud automatically – but to get the most from their analytics, they need to understand an anti-fraud system.