Data Service

Insurance Services

Insurance fraud accounts for at least 10% of all premiums, a figure that has been largely steady over the last two decades. Insurance firms now utilise automation and statistical analysis to spot questionable claims that need to be investigated further. However, rather than pre-event prevention, this is usually a post-event study. Pitney Bowes Software delivers integrated technology to help insurers enhance their fraud prevention efforts by precisely identifying and assessing fraud activities at the point-of-sale and First Notice Of Loss in near-real time. Our technology delivers essential information for enhanced fraud detection and mitigation to help carriers boost profitability by combining the data with analytical and multi-channel communication capabilities.