PREDICTING FRAUD IN INSURANCE CLAIMS

by Apollo – Wipro | White Paper

The ever dynamic automobile insurance sector, with its topline growth restricted to single digits, is now looking inwards at improving its bottom line by reducing cost of risks. Push for transparency and regulatory compliances coupled with the ever-increasing volume and variety of frauds. More and more companies are looking to transform their fraud detection capability from a knee-jerk and reactive approach to a predictive and real-time one.

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