Synectics Solutions is delighted to announce Ramasis Ltd. as the latest client to become a member of the SIRA fraud prevention community. The UK insurer will now have the ability to leverage one of the UK’s largest fraud intelligence databases (National SIRA) to improve its fraud defences.
As one of the UK’s leading specialist insurance providers, Ramasis has seen significant growth in its business due to the exponential growth in demand for its specialist products across the UK in recent years.
The signing of the SIRA contract represents an important step towards transforming the way the company combats and prevents the growing threat of various types of fraud from impacting its business as it continues its expansion.
This new addition to Synectics SIRA fraud prevention community reinforces the National SIRA consortium database as one of the leading sources of fraud prevention intelligence across multiple types of financial services across the UK.
Scott Forrester, Director at Ramasis Insurance, commented, “As an ever-developing company ourselves, our partnership with SIRA is another key progression in a constantly changing background within Insurance and Financial Services. Data Enrichment and Customer validation is as important as it's ever been for any fast-paced environment involving Technology and E-Commerce Platforms.
Our commitment to anti-fraud and better customer outcomes is signified by the addition of SIRA to our partnership portfolio”
Murray Raw, Head of Business Development at Synectics Solutions, commented, “I’m really pleased that Ramasis Insurance have become one of the latest members of the SIRA community. As a full member of the consortium, they’ll now have access to one of the UK’s most comprehensive fraud intelligence databases [in National SIRA] and that will certainly help them to create a much better fraud defence for their business as it grows.
“At Synectics, we see fraud on the increase across many areas of the insurance sector and our client base in this area has been rapidly growing as Underwriters, MGA’s, claims management companies - and other specialist insurers like Ramasis - have all been realising the benefits of having access to one of the UK’s most effective fraud defences.”