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The State of Insurance Fraud Technology

The State of Insurance Fraud Technology

Insurance fraud continues to be a major issue for insurers, and for consumers who must bear the higher costs this crime adds to insurance premiums. A majority of insurers in this study say fraud has increased against their company over the last three years. Use of technology to detect fraud in claims, underwriting and other areas continues to climb. More insurers embrace and have expanded their use of tech systems as a key component of their anti-fraud strategies.