Insurance fraud costs the industry over $40 billion per year in the US alone, according to the FBI. Bad actors, including organized criminal syndicates with sophisticated strategies, are getting smarter and harder to detect. As they continue to develop new strategies and tactics to defraud insurers, these actors pose a significant threat if they go unchecked. Insurers, meanwhile, must not only be vigilant but also employ new methods to safeguard their business while continuing to deliver a superb experience for the 97% of customers whose claims are not fraudulent.
In this webinar, leading experts Jeroen Morrenhof, CEO at FRISS, and Laura Drabik, Chief Evangelist at Guidewire, discuss how insurers can stop claims fraud while continuing to offer exceptional customer experience.
Register now to learn:
- Which new strategies and tactics are being used to defraud insurers
- Why detecting fraud can be so difficult
- How AI and machine learning can supplement human intuition
- How FRISS and Guidewire enable insurers to identify and stop potential fraud without detracting from the customer experience