Fraudulent and inflated claims cost the UK insurance industry in excess of £1.6 billion a year, adding £40 to every policyholder’s premiums. Of this figure, up to £200m is lost to organised insurance crime.

This costly problem continues to permeate across all lines of business, with fraudulent acts being committed by applicants, claimants, third-party claimants, medical providers, lawyers and employees, all seeking ways to profit from weaknesses in the insurance system.

With the increased sophistication of those committing fraud as well as the increased complexity of claims transactions, insurance companies must take control of the claims process as it relates to identification and action.

In this webinar, in association with FICO, Post will take an in-depth look at the critical issue of fraud and how you can mitigate the risk to your business.

Topics for discussion will include:

• Best practice techniques for gathering vital information at First Notification of Loss
  
  
• How to incorporate advanced analytics into your fraud strategy to increase
  effectiveness and reduce fraud losses
  
  
• Insurer case study: hear from our expert insurer speakers about how to implement appropriate and effective anti-fraud strategies on a day to day
  basis

Who should log-in and watch?

Anyone with a responsibility to mitigate fraud exposure within their company. Specific job titles might include:

• Underwriters
• Claims Managers
• Claims Technicians
• Fraud Managers
• Loss Adjusters
• Lawyers
• Brokers
• Internal Audit
• Procurement Managers
• Compliance Managers
• Call Centre Managers
• Data Managers
• Risk Managers