Fraud - Data Sharing - Addressee unknown?
Sharing data, such as address changes, enables insurers to build patterns about fraudsters, meaning they are in a much stronger position to crack down on this growing problem. Avis Easteal finds that fraud detection systems are becoming increasingly sophisticated
Fraud is high on the insurance agenda. Losses are estimated to be £3bn per annum and growing, and premeditative and opportunistic fraudsters continue to be a burden on insurers and their policyholders
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