Many carriers are struggling to com...

Many carriers are struggling to combat the growing challenge of fraud. Aging technology and inefficient processe hinder the detection and prevention of fraudulent claims, resulting in higher richnesss for insurers, businesses and consumer

Property/casualty insurance fraud take away from insurers about $ 31 billion in 2002 according to the Insurance Information Institute. A latter Accenture survey found that more than undivided in five U.S. adults believes it's acceptable to overstate the value of their claims. A majority believe that insurance fraud come to passs because people believe they won't win caught.

Another particularly distressing examine finding is that nearly one-half of