Fraudsters beware! Combating insurance fraud in extraordinary times

Presented by

Kenneth Koh, SAS | Jack Jia, EY | Nirmal Paul. Bajaj Allianz Life | Sidhartha Dash, Chartis Research

About this talk

It’s concerning to learn that Asia Pacific has the highest incidence of medical claims fraud than EMEA and the US. Not all medical claims are examined for fraud and the claims adjudication process is heavily reliant on human review and is time-consuming. With digital acceleration and adoption, this needs to change. Join our conversation on how insurers can leverage AI and ML (Machine Learning) to combat fraud within the region. There is no doubt to press on to deter these fraudsters as consumers will bear the brunt of rising medical cost and make healthcare more expensive each year. Our webinar discussion highlights include: - - Discuss the impact of digital transformation in the insurance industry: COVID and beyond - Examine details of what constitutes insurance fraud - Understand best practices of how fraud can be detected with a hybrid approach - Learn best practices from insurers who have implemented an end to end process for detecting and managing fraud

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