Having saved $7.5 million through analytics-driven fraud detection over the past two and a half years, CNA Insurance has signed a two-year extension with SAS for an undisclosed sum.
At the ACORD LOMA conference, Tim Wolfe, director of CNA's special investigative unit, said under the extension, CNA will refresh the five models the company has built with SAS’s Fraud Framework for Insurance (FFI), including workers’ compensation, general liability, commercial property, commercial auto and i’s social network link analysis model, which initially was launched in January 2012.
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