Software as a Service is the new bet of SAS solutions for against … – National Insurance Portal

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Source / Author .: Safe Planet

 “The solution is able to identify the subscription invasive to the accident, improves the detection rate increases assertiveness and streamlines processes,” says Ricardo Saponara, a specialist in Fraud SAS insurers. Also according to the executive, with the SaaS investment becomes an operating cost. “The charge is made by the transaction, including claims, quotations and policies,” he adds. The SaaS structure allows the implementation of the solution within four months even if the customer does not have a platform with analytic domain.

 The sale of analytical solutions for fraud is a strategic focus of the SAS and has received the company’s ongoing investments. “Today we offer strategic solutions capable of end to end work on the survey of suspected cases of insurers, providing speed of decision, centralized governance and focused research,” says Saponara. In the hybrid approach the level of positivity increases, causing even more effective identification models. SAS is now the segment leader with the largest market share in Insurance, in addition to having experts from industry to assist from deployments to structural consulting in the process of prevention of fraud in insurance.

 

 Recent data indicate rapid growth of fraud in the insurance segment. A survey conducted by SAS revealed that only 21% of US insurers monitor the incidence in real time and only 13% use a variety of advanced techniques involving analytical solutions. The scenario is even more challenging when facing a wide range of fraud. For the specialist, in difficult economic times it is noticeable the increase in cyber attacks and fraud, as there are people trying to restore their losses in every way. Another example is the exaggerated claims to obtain better deals and also the ‘invention’ of accidents and complaints as a way to make money.

 

 To combat the increase in insurance fraud in is critical that businesses look for ways to improve their defenses by reviewing its processes and investment in new technologies. The use of normal analysis rules – which require multiple interactions – generate false positives by not using enough data mining capabilities for the prevention

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