Decision Management and Insurance – Capitalize on Intelligence to Manage Losses

February 23, 2011

Many insurers have been investing heavily in claims systems to reduce costs and improve efficiency, implementing claims processes and web-based claims systems. These validate claims before submitting them and use workflow to reduce costs and improve efficiency. The growth in data volume in claims has led to increased use of analytics and using claims data for early warning fraud detection and monitoring vendors and suppliers.(more…)