How Honest Are Your Customers?

This White Paper illustrates how to use the advanced HUGIN decision support system for improved Business Intelligence analytics in insurance companies using fraud prediction as an example.

Insurance Fraud is a large problem for the insurance industry today. It is estimated that 10-12% of all insurance cases in Denmark involve fraudulent claims. New detection methods and IT systems play an essential role in the fight against insurance fraud.

Using HUGIN software every insurance company can develop and integrate a fraud prediction model that quantifies the risk that a claim is fraudulent even in cases where data is missing or incomplete. With compelling financial benefits as a result.

Please download the HUGIN Fraud Detection Management white paper here.