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Abney & Associates Technology Updates: Fighting Fraud in Real Time, 3 Recommendations

Agneyi I SSOIOTES PC Speak: An Abney and Associates Internet and Technology Research Lab

Abney & Associates Technology Updates: Fighting Fraud in Real Time, 3 Recommendations

shared by agnaadelheit2013 on Mar 13

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When it comes to fraud investigation, historically the process has been anything but quick. Insurers are obsessed with cycle time. They count the days it takes to make a claim adjudication decision... , the minutes it takes to complete the loss intake process and the seconds it takes to process a transaction. Especially in high-volume environments, time is money. In the wisdom of insurance claims executives, faster claim payments generally equate to better customer satisfaction and loyalty. Anything that slows the process is burdensome and costly.