X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Detecting auto fraud is no easy task, and one after another, people are staging accidents and benefitting from the resultant medical billing. Minimizing fraud losses can be a daunting task, but with the right strategy, your organization can nab more fraudsters than you might think.   At America’s Claims Event (ACE) this month, James Ruotolo, principal for insurance fraud at the SAS Institute, will present a hybrid approach to insurance fraud detection. Attendees at this Thursday afternoon session will learn to combine detection techniques, helping to minimize a false-positive rate while maximizing their available investigative resources.

“Individual detection methods each have value but tend to produce a high false-positive rate on their own,” Ruotolo explained. “Investigating false positives is a waste of limited SIU capacity.”

PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.