Earlier this month, our research and forensics team were awarded “Highly Commended” at the Claims and Fraud awards for their groundbreaking research into the roadworthiness of mopeds! The research proved that mopeds can in fact sustain greater impact than previously thought before being declared unroadworthy; meaning insurers don’t have to pay out thousands in false claims, and honest customers don’t have to experience such drastic increases to insurance premiums. We are so honoured to have received this prize as it highlights what our forensics team is all about: improving knowledge with a research-based and reasoned approach. It’s a great bonus that we are creating better outcomes for insurers and consumers too! #Award #Claims #Fraud
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When the truth matters most, trust Quest Investigation Agency to uncover it. 🕵️♂️ From insurance fraud to corporate espionage, our discreet and precise methods deliver undeniable proof. Whether you're facing personal disputes or complex investigations, we’re here to help you make informed decisions. Discover the power of evidence with Quest. Contact us today at questinvestigations.co.za #QuestInvestigation #FraudDetection #CorporateEspionage #EvidenceMatters #InvestigationExperts #TruthMatters
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🚨 Webinar Alert! Discover why Verisk chose to partner with innovators from across the insurance ecosystem. Together with FRISS, one of the first ClaimSearch Partners, we are revolutionizing fraud detection and empowering insurers. #Verisk #FRISS #InsuranceFraud #Webinar
Just a reminder that our exclusive webinar featuring Shane Riedman, VP at Verisk, and Yogesh Sapre, President at FRISS Americas, is happening on Wednesday, April 17th. This is your chance to gain invaluable insights into the expanded ecosystem benefits, FRISS's pioneering role, and empowering insurers against fraud. Don't let this opportunity slip away! Secure your spot now and stay ahead in the fight against insurance fraud! https://lnkd.in/d4bsiWeS #Webinar #InsuranceFraud #Verisk #FRISS
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💰Private equity-backed QuestGates Ltd, the UK's largest independent loss adjusting and claims solutions group, has continued its recent M&A drive by acquiring insurance peer Brownsword Group. 👨💼 Founded in 1994, Manchester-based Brownsword has built a strong reputation within the insurance industry, offering compliant intelligence solutions to insurers, providing a range of specialist services including surveillance, motor fraud, death claims and theft investigations, using a combination of advanced technology and traditional investigative techniques. Link to the full story and quote to follow below 👇 -- Business Sale Report is your number one UK M&A marketplace. #acquisition #bsr #UK #expansion #motorfraud #investigators
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“idiCORE is user-friendly, comprehensive, and affordable. You won't be disappointed." -SIU Manager When a top insurance SIU needed a better way to handle 25,000+ claims a year, idiCORE delivered: ✅ Improved contact rates ✅ Relationship mapping ✅ Comprehensive criminal histories Now, fraud detection is faster, and investigator safety is prioritized. Read the case study: https://hubs.li/Q031kQzq0
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When it comes to claims and fraud in the insurance industry, having the right tools makes all the difference. This case study highlights how idiCORE is transforming the way insurance SIUs manage high claim volumes while detecting fraud efficiently and safely. As someone deeply invested in advancing claims and fraud detection, I’ve seen firsthand how technology like idiCORE can be a game-changer for investigators and teams handling complex caseloads. If you’re looking to improve contact rates, uncover relationships, or dig into criminal histories with speed and accuracy, this is worth a read.
“idiCORE is user-friendly, comprehensive, and affordable. You won't be disappointed." -SIU Manager When a top insurance SIU needed a better way to handle 25,000+ claims a year, idiCORE delivered: ✅ Improved contact rates ✅ Relationship mapping ✅ Comprehensive criminal histories Now, fraud detection is faster, and investigator safety is prioritized. Read the case study: https://hubs.li/Q031kQzq0
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Motor fraud can significantly impact your business's bottom line. Join us next Thursday to find out what you can do about it. On May 16th, Marsh and Keoghs are hosting a fleet forum webinar where you'll learn about current trends in motor fraud, its effect on insurance costs, and strategies to protect your business. This is your chance to get insights into common fraud schemes, and find out about emerging risks from industry experts. Sign up today: https://bit.ly/4a7l9iU
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In the second episode of our series on Fraud in Insurance, Robyn Wallner (Underwriting Solutions in the US) and Paul Blyth (Head of Underwriting Claims & Propositions in the UK), join host David Ferguson (Underwriting and Claims Development Manager from the UK) to explore innovative solutions in the fight against fraud. Discover how cutting-edge technology, trends analysis, databases, heat maps, and artificial intelligence are being leveraged to stay one step ahead of fraudsters. Don't miss out on this insightful discussion! 🎧 Listen now: https://bit.ly/3UiMnhf Missed Part 1? Catch up on fraud risks and mitigation strategies!
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Average Title Insurance Claim Cost for Fraud & Forgery is $143k -- Active investors (GPs) and passive investors (LPs). Maximize profit, and tax benefits. Let's talk: https://lnkd.in/eFJGszDG
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Next up taking the stage in Stream A, Matt Gilham of WHITELK Fraud Performance Consulting, Tom Helm of WTW and James B. of Allianz participating in a panel discussion focused on the realities of insurance fraud in 2024. #GINS24 #InsurTech #FinTech
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A recent article from the Land Title Association (ALTA) says fraud & forgery claims represent 21% of the total dollars spent by title insurers on claims expense and losses, with an average claim cost of over $143k. The data comes from an analysis by global consulting and actuarial firm Milliman that also found nearly 30% of title insurers’ losses and claims expenses arose from title problems not discoverable from a public records search. #realestate #RealEstateInvesting #nationalreia #fraud #forgery #titleinsurance https://lnkd.in/em5BC9Q4
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