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Getting Away With Fraud

"The findings of this year's survey indicate that the insurance industry still is increasingly vulnerable to fraud," said Michael A. Lucarini, a partner in Accentor's Insurance practice. "Insurance

By Staff Writer | Updated on January 26, 2006

The majority of Americans say that insurance fraud occurs because people believe that they can get away with it, according to a recent survey by Accenture.

“The findings of this year’s survey indicate that the insurance industry still is increasingly vulnerable to fraud,” said Michael A. Lucarini, a partner in Accentor’s Insurance practice. “Insurance companies need to better equip themselves with integrated tools and technologies that help prevent and combat fraud. Leading insurers are implementing web-based technology that can help re-evaluate claims for fraud detection throughout the claim and alert the appropriate people when thresholds are exceeded or certain parties are involved.”

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