The Insurance Fraud Enforcement Department (IFED) recently announced a 61% year-on-year increase in opportunistic insurance fraud. Governing bodies and insurance providers alike are increasingly concerned about surging incident rates and as a result, are bolstering fraud prevention strategies
One of those insurance providers is Somerset Bridge – a values-led underwriting and claims handling organisation and Synectics Solutions customer.
We sat down with Nicky Douglas, Head of Fraud (Claims) to hear firsthand how Somerset Bridge is tackling insurance fraud with Synectics Solutions’ customer success support.
"Improving what you know is how you grow. The more accurately you focus investigative efforts, the faster you can onboard, settle claims, and serve good customers."
Nicky Douglas, Head of Fraud (Claims).
Related articles:
Synectics, Company news
Could collaboration enable organisations to fight back and gain the upper hand in the fight against fraud?
Sunday, April 21, 2019
Read moreInsurance, Data syndication, Research and trends
SIRA Best Practice Guide
Tuesday, November 16, 2021
Read moreFinance
Digital ID and financial crime set to shape your business' future
Tuesday, May 7, 2019
Read moreInterested?
Let us prove how we can help you. Click the button below for more details.
Find out more