Fraud detection continues to be a key priority for the insurance industry, making data analysis more important than ever. But successful adoption of this strategy is dependent on one important assumption; that all crucial data available is being used.
This can present a problem. Information siloes, particularly those that exist between structured and unstructured data sources, can prevent insurers from gaining the holistic view they need to discern the details that truly matter when accurately detecting fraud.
Here, Paul Stanley, CEO of 360GlobalNet, and Russell Mackintosh, Head of Partner Acquisition at Synectics Solutions, discuss this issue and explain how the two organisations are collaborating to help insurers tackle it.
How is the insurance industry currently using data?
Tell us more about the partnership between Synectics Solutions and 360GlobalNet?
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