Insurance frauds: How data analytics and rigorous checks are trying to eliminate bogus claims

Bogus claims are as old as the industry itself. Despite insurers’ best efforts, fraudsters have been mostly ahead of them. But with the rise in data analytics and rigorous checks, the industry at last appears to be close to eliminating such malpractices.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2Ri5qbm