Matt Gilham, head of financial crime at esure said: “While we already employ a range of procedures and technologies to identify claim fraud, Precision allows us to quickly implement enhanced, technical machine-learning capability to drive incremental benefit and improve operational efficiency through the seamless integration with our existing workflows.” Esure has successfully trialled a predictive analytics tool named Precision from Synectics Solutions to help it tackle claims fraud. The company says the new software is designed for use by law enforcement agencies and other organisations that need to identify fraudulent claims. The tool was created to tackle fraud more swiftly, as digital customer interactions increase in speed.
Esure has successfully trialled a predictive analytics tool named Precision from Synectics Solutions to help it tackle claims fraud. The company says the new software is designed for use by law enforcement agencies and other organisations that need to identify fraudulent claims. The tool was created to tackle fraud more swiftly, as digital customer interactions increase in speed.