Combating Fraud in Insurance with Data
Cloudera
NOVEMBER 16, 2020
Globally, RGA research shows that 3.58% of all claims are fraudulent, and underwriting fraud is reported in 1.38% of all underwriting cases. . Yet, fraud in the U.S. is relatively low compared to other fast-growing markets such as APAC. As a result, we’ve seen a recent reprioritization of fraud-related use cases on our platform.
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