Lately, insurance companies have begun adopting strategies for differentiation, diversification, and transformation to sustain their edge. But this has also paved the path for them to be an easy target for fraudsters.
With the traditional fraud management systems failing to keep up with the breakneck speed at which fraudsters evolve their techniques, insurers find themselves on the backfoot in their battle against insurance fraud. It is the need of the hour for insurers to have an intelligent solution in place to safeguard their businesses. Download this PoV to know the importance of enhancing fraud management for the insurance industry.