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March 26, 2009: HUGIN Expert to focus on fraud solution development

HUGIN Expert to focus on fraud solution development

HUGIN Expert is stepping up its collaboration with insurance industry experts in the area of fraud detection.

New fraud detection technologies, such as predictive models, play an increasing role in detecting and preventing insurance fraud, and can help increase fraud detection rates, reduce false positives and help investigators channel resources more effectively.

Several insurance companies have successfully developed fraud detection systems using Hugin technology with compelling results, including a return on their technology investment within the first year of implementation of their fraud detection system. You can read more about Hugin fraud detection analytics.