Rising fraud forces insurance firms to sharpen their own services

There’s no other way to put it: insurance companies aren’t doing enough to fight fraud. A fraud pandemic has spread across transactional industries, but a conspicuously high portion of this rise is attributed to the insurance industry: a huge 27% increase in fraudulent insurance claims between 2017 and 2018.

Read the full article, Rising Fraud Forces Insurance Firms to Sharpen Their Own Services on The Fintech Times.

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