The insurance industry is facing an increasingly complex and evolving threat when it comes to fraud. With advances in technology and the diversification of products offered, fraudsters have found new ways to take advantage of insurance companies. As a result, the sector is constantly investing in innovative solutions to combat these potential insurance fraud threats… Read More »How the Insurance Sector is Strategically Investing in Innovative Solutions to Combat Fraud Threat

Insurance fraud is a major issue that costs the industry billions of dollars every year. With the rise of technology and sophisticated methods of deception, it has become increasingly challenging for insurance companies to detect and prevent fraudulent activities. This is where key performance indicators (KPIs) play a crucial role. By tracking and monitoring the… Read More »5 Most Important KPIs in Insurance Fraud Detection and Why Should They Be Tracked