While insurance fraud has steadily bedeviled the industry since its inception, the tools to address the problem have improved markedly in recent years. Now insurers can sift through burgeoning data sets and employ increasingly sophisticated analytics to catch wrongdoers. Insurance Networking News asked Stuart Rose, global insurance marketing manager for Cary, N.C., analytics provider SAS, about how insurers can leverage the latest technologies in fraud detection.
INN: What will the increasingly large volumes of data that insurers manage mean for their ability to detect fraud?
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