Detica NetReveal Assembles Industry Thought Leaders for Webinar Examining Insurance Claims Fraud

Online, September 18, 2012 (Newswire.com) - Detica NetReveal® today announced it is hosting a complimentary webinar to examine how insurers can detect and prevent insurance claims fraud. The webinar, which will take place on Thursday, September 20, 2012, from 11:30am - 12:30pm EDT/ 4:30pm - 5:30pm BST, will focus on the best approaches to identify and manage fraudulent insurance claims, while highlighting other evolving trends impacting the industry and the methodology firms can employ to combat the growing challenge of claims fraud.

Experts from across the industry will share best practices and real world examples of effective prevention and detection techniques to mitigate insurance claims fraud. Presenters include:

• François Boulanger, Head of Fraud Management, Royal Bank of Canada (Insurance), who offers more than 25 years of insurance industry experience.

• Peyman Mestchian, Managing Partner, Chartis Research, a 15-year insurance industry veteran.

• Steve Clark, Head of General Insurance Fraud Solutions, Detica NetReveal, an expert in developing cross-industry fraud solutions for both banking and insurance companies to effectively detect and prevent claims fraud.

As claims fraud continues to evolve and become more sophisticated, insurers must harness the power of advanced technology to effectively combat these criminal activities. Proactively preventing and detecting fraud before bogus claims are paid can yield savings in the hundreds of millions of dollars. Detica NetReveal® enables insurers to reduce their exposure to organized and opportunistic fraud and improve customer service across all lines of business. Detica NetReveal® identifies related entities within a company's data to reveal networks of suspicious activity that are otherwise hidden beneath seemingly innocuous claims. Unlike traditional rules-based systems that can only monitor fraud methods already known to occur, the NetReveal solution provides a single view of customers and their known associates, scoring individual and network behaviors across an organization's entire portfolio of products and brands. In doing so, it facilitates the speedy resolution of honest claims, whilst uncovering and prioritizing the risks associated with suspicious activity.

Complementary webinar registration is open now.

###