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Publikationsreihe: Risk InsightsDetecting Fraudulent Claims – A Machine Learning Approach
Ausgabe: Mar 05, 2020 L/H General Industry English
This article describes modeling fraudulent claims in the context of a health claims portfolio. We show why this should be an iterative process and requires a dialogue between analytics experts and claims managers.
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Is There a “New Normal” for P/C Insurers and Reinsurers?
Von Kara Raiguel Oct 01, 2019 English
One of the greatest challenges facing an insurer is identifying an inflection point, when the fundamentals of the risk environment have changed. Insurers can miss the signs and fail to adjust quickly enough, or mistake randomness for a ground shift and...
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Toward a Data-Driven Insurer - Understanding How to Formulate a Data Strategy
Von Samuel Lim Jun 27, 2019 English
“Artificial Intelligence”, “Big Data”, “Data Science” - buzz words such as these have been mentioned numerous times since the early 2000s. Many companies have since transitioned to a more data-driven culture; however, insurers have been more passive about...
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Insurance Should Embrace Technology to Empower the Customer
Von Robin Merttens, InsTech (guest contributor) Apr 02, 2019 English
It’s natural for any new technology to be met with skepticism, perhaps even distrust. It’s seen as a threat, something to hold at bay lest it undermine a model that has worked historically. Over the last decade, society has become increasingly digital...
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