How to fight fraud and please sales at the same time
One of the biggest issues in insurance fraud prevention is managing error rates. The goal is to detect as many of the […]
Going Direct? There are five things direct auto carriers must stop
The P&C personal lines industry is in the midst of a technological and distribution revolution. Younger customers want to shop for and […]
Undisclosed Driver Rate Manipulation Case Example
The ProblemUndisclosed driver fraud – where new auto policy customers seek lower rates by not disclosing risky drivers during the rating process […]
Auto Insurance Preexisting Damage Claims Case Example
The ProblemPreexisting damage fraud – where new auto policy holders submit claims for damage incurred before the policy effective date – has […]
Can digital transformation solve the auto fraud challenge?
Carriers tend to look at policy risk as a whole: what do 20 something single men in zip code 44444 driving 1999 […]
How to fight the Property and Casualty Direct Market Brands when joining them isn't really an option
Recently it was reported that Geico had passed Allstate to become the second largest personal lines property and casualty insurer in the […]
Fraud and errors are lumpy and that's a good thing…if you're an anti-fraud leader
We’ve all heard the narrative: “fraud constitutes from 15 to 20 percent of auto insurance premiums and up front underwriting fraud from […]