Eighty percent of insurers use predictive modeling to fight fraud, study

January 25th, 2022

The use of predictive analytics by insurers to fight fraud has reached an all-time high with 80% of insurers using predictive modeling to detect fraud, up from 55% in 2018, according to a study from the Coalition Against Insurance Fraud and SAS. The State of Insurance Fraud Technology study surveys the industry’s fraud tech professionals and includes research that examines the use of anti-fraud technologies, related challenges and anticipated technology investments.

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