fraud detection News

Business People: FRISS, Cross Country Adjusting, Freeborn & Peters

FRISS Appoints Product Development Leader FRISS, an international provider of risk analytics services to property and casualty insurers, has appointed Dan Gumpright as global vice president of products. Gumpright will drive the company’s development teams to strengthen fraud indicators and …

Business News: CLM, Davies and ASC, Friss and Guidewire

CLM Launches Universal Claim Certification The CLM, formerly known as the Claims and Litigation Management Alliance, has launched a universal claims certification that allows claims adjusters to secure licenses in six states. CLM said licensed adjusters must simply register for …

Business News: FM Global Research Lab, Friss and Munich Re, MedRisk and Raintree

FM Global Expands Research Lab FM Global, an international commercial property insurer, had opened a electrical hazards and gas detection laboratory on its research campus in West Glocester, Rhode Island. The carrier said in a press release that the facility …

ViewPoint: Why Artificial Intelligence is Critical to True Claims Automation

Once thought of as highly traditional and reluctant to change, insurers today are rethinking everything. The rise of digital-first carriers, with an ethos borrowed from their ecommerce and ebanking cousins, has generated an intense interest from incumbent carriers to focus …

As Insurance Fraud Surges, Insurers Fight Back by Automating Detection

Insurance fraud is rising and more insurers are responding forcefully by automating investigations with skilled technology, according to a study of insurer technology usage by the Coalition Against Insurance Fraud. More than 60 percent of insurers say fraud has climbed …

Enservio Adds Real-Time Fraud Detection to Contents Management Product

Claims adjusters working on the job have something unique they can add to their toolkit: a way to root out soft or opportunistic fraud as it happens for home contents claims. Enservio, Inc. introduced a new option for its ContentsExpress …