The leading market consultancy for property and reinsurance companies in Germany, EMB, points out undesired effects of the financial crisis. Due to the miserable economic situation, insurance companies are faced with increasing fraud attempts. EMB suggests to implement an efficient early-warning system to avoid financial losses.
INFORM’s software solution RiskShield has already been used successfully in more than 30 insurance portfolios in Europe and North America for automatic claim evaluation and the assessment of fraud risk. RiskShield supports insurance companies to detect fraudulent claims as early as possible.