Fraud Management Excellence in the Insurance Industry
Date Held: March 21, 2013
Hosted by: SAP
Duration: 1 Hour
The impact of Fraud on insurance companies continues to be one of the largest influences on profitability.
Estimates are that the problem costs insurers and consumers over $40 billion a year in non-health lines of business in the United States alone. Yet estimates also project that the historical way of identifying fraud only uncovers about 10% of fraud cases and considerably less for fraudulent payments are actually recovered.
This webinar provides a current look at the impact of fraud on insurance companies and looks at new approaches to dealing with the problem.
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