\n

JERSEY CITY, N.J.<\/location>, Oct. 13, 2022<\/chron> (GLOBE NEWSWIRE) — Verisk<\/org> (Nasdaq: VRSK), a number one world knowledge analytics supplier, has been acknowledged by Celent as a \u201cLuminary\u201d for growing modern <\/a>options<\/a> that assist property\/casualty and life insurers detect claims fraud.<\/p>\n

Verisk<\/org> positioned within the prime group of suppliers for Superior Know-how and Breadth of Performance within the Celent Technical Functionality Matrix, a brand new function of the 2022 stories. The stories evaluated a complete of 17 fraud-detection options for the property\/casualty and life insurance coverage markets.<\/p>\n

\u201cVerisk\u2019s fraud-detection options are acknowledged as Luminaries owing, largely, to their extremely superior performance and talent to combine with third-party knowledge,\u201d stated Andrew Schwartz<\/person>, an analyst at Celent and co-author of the report. \u201cThe result is a sooner, smarter, and extra correct claims expertise.\u201d<\/p>\n

Verisk\u2019s anti-fraud options are supported by strong knowledge sources, together with ClaimSearch^{\u00ae<\/sup>, which incorporates greater than 1.5 billion claims from throughout the trade. ClaimSearch contains knowledge from each first- and third-party claimants in addition to service suppliers, which is important for insurers to detect and forestall fraud.<\/p>\n}

With synthetic intelligence, picture forensics, and automation, Verisk\u2019s anti-fraud options assist insurers rapidly establish potential fraud and speed up funds to the vast majority of policyholders with meritorious claims.<\/p>\n

\u201cSuperior analytics and automation are vital for insurers at the moment, who’re dealing with inflation, materials and labor shortages, and new fraud schemes on daily basis,\u201d stated Maroun Mourad<\/person>, president of claims options at Verisk<\/org>. \u201cThe popularity by Celent is a testomony to how Verisk\u2019s modern, end-to-end options are serving to insurers streamline workflows, enhance claims administration, and remodel the shopper expertise.\u201d<\/p>\n

Study extra about Verisk\u2019s claims options<\/a>.<\/p>\n

About Verisk<\/org><\/strong>\u00a0\u00a0\u00a0\u00a0
Verisk<\/org> (Nasdaq: VRSK) supplies data-driven analytic insights and options for the insurance coverage and power industries. By way of superior knowledge analytics, software program, scientific analysis and deep trade information, Verisk<\/org> empowers clients to strengthen working effectivity, enhance underwriting and claims outcomes, fight fraud and make knowledgeable choices about world points, together with local weather change and excessive occasions in addition to political and ESG matters. With places of work in additional than 30 nations, Verisk<\/org> constantly earns certification by\u00a0Nice Place to Work<\/org><\/a>\u00a0and fosters an\u00a0inclusive <\/a>tradition<\/a>\u00a0the place all group members really feel they belong. For extra, go to\u00a0Verisk.com<\/a>\u00a0and the\u00a0Verisk Newsroom<\/a>.<\/p>\n

<\/p>\n

David Novich<\/person>\n201-469-2437\n[email\u00a0protected]<\/span><\/a><\/pre>\n
<\/a><\/p>\n
Supply: Verisk Analytics, Inc.<\/org><\/p>\n<\/div>\n