Podcasts

Outsmarting the Insurance Claims Fraudster

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Outsmarting the Insurance Claims Fraudster

Overview

Claims fraud is a serious issue for insurance companies. Estimates are 10%-20% of claims are fraudulent. That costs the companies major money, and in turn, it causes costs to rise for consumers. Kim Minor, insurance industry marketing manager at IBM, explains how leading insurance companies are using big data analytics to outsmart claim fraudsters.