Fraud investigations are a drain on resources, time and money for insurance companies. Conservatively, fraud steals $80 billion a year across all lines of insurance. (Coalition Against Insurance Fraud). While organized criminal networks are growing in numbers and sophistication, insurance companies are faced with reductions in staff and resources dedicated to combating insurance fraud. At SKOOP, we recognize that the inability to timely and efficiently navigate a complex investigation comes at a cost – millions of dollars of lost revenue each year.Learn more about the Virtual investigator and request a demo today.
Identifying a potential target or an organized outfit of multiple key players, requires a coordinated effort of fact gathering from multiple sources – both internal and external data.
One of the biggest vulnerabilities had by insurance companies is quite simple – time. Moving quickly and efficiently when investigating complex cases are key concepts to combatting insurance fraud.
Incorporating advanced analytics and predictive modeling results in strategic informed business decisions.
The Virtual Investigator is designed to aggregate relevant data sources when identifying potential fraudsters and organized outfits.
The Virtual Investigator is designed to analyze big data to uncover patterns and correlations that would otherwise go undetected when using traditional methods.
The Virtual Investigator is designed to empower the SIU professional and ensure a proactive and not reactive approach to fraud investigations.
Please contact us below and a member of our team will be in touch shortly to schedule a personalized demo. We look forward to showing you how the power of big data, combined with augmented intelligence and machine learning can help your organization unlock new insights, close cases faster, and stay one step ahead of complex fraud schemes.