3 Ways Insurers Can Win with Predictive AnalyticsJanuary 31, 2013Implementation of predictive modeling is on a slow but steady climb in insurance. Here's some tips for getting the most out of your initiatives.
FICO Debuts New Fraud-Fighting SolutionApril 24, 2012The FICO Claims Fraud Solution detects and prioritizes fraud incidents using predictive models, business rules and link analysis.
Fighting Fraud: Predictive Analytics & Business Rules Make a Powerful CombinationMarch 19, 2012Technology designed to manage insurance claims fraud, waste and abuse (FWA) has evolved a great deal in recent years, but there is much room for improvement. Incorporating automated business rules into a fraud management program that anticipates certain ty
Admiral Gets Quick Results With FICO Anti-Fraud TechnologyMarch 15, 2012Leading car insurance specialist finds £250,000+ in suspected fraud within first nine days through use of a new claims fraud system based on FICO Blaze Advisor.
The Fight Intensifies Against Health Care Insurance FraudSeptember 30, 2011Too many insurers still accept fraud as a cost of doing business, or seek to curtail it using a set of rigid rules. Common sense tells us that it’s much more effective to stop fraudulent payments before they are made than to chase the money after the
Admiral Picks FICO Analytics to Fight Auto Insurance FraudMarch 17, 2011The U.K.-based auto insurer will use FICO insurance fraud models, business rules and link analysis to catch more fraud while maintaining superior customer service.
Congressional Hearings Unlikely to Threaten Insurers’ Use of Credit ScoringJune 16, 2010Property and casualty insurers have long used credit scores to help build consumers' risk profiles, a practice generally regulated at the state level. Congress recently held informational hearings on the practice, but experts don't see federal regulation o
FICO and Microsoft Team on End-To-End Claims SolutionMay 23, 2010The solution integrates FICO Blaze Advisor business rules management system with Microsoft applications such as SharePoint and Microsoft Dynamics CRM.
FICO And Emdeon Join For Healthcare Fraud-Fighting CapabilitiesApril 14, 2010Emdeon will incorporate FICO Insurance Fraud Manager into its leading healthcare revenue and payment cycle transaction processing network in order to offer an enhanced fraud prevention solution to the 1,200 payers currently using Emdeon.
First Insurance of Hawaii Selects TorrentFlood PlatformOctober 09, 2009FICOH anticipate better service to flood insurance customers through transitioning to Torrent Technologies systems solutions and back office services.
Insurers Warm to Flexible Technology ArchitectureSeptember 25, 2009Technology transformation is being driven by business leaders who recognize the need for a technology architecture that will efficiently support distributors' and customers' rapidly evolving demands.
FICO Releases Insurance Fraud Manager 3, Healthcare EditionAugust 24, 2009FICO IFM 3's predictive analytics-driven capabilities give insurers more power to detect fraud before payment, avoiding the "pay-and-chase" approach that many insurers take in order to remain compliant, according to the vendor.
