Success stories

Enhancing Fraud Detection with Advanced Anomaly Detection for a Leading P&C Carrier

Written by Admin | Jul 25, 2024 9:24:05 AM

A leading US-based property and casualty (P&C) insurance carrier sought to improve fraud detection and reduce false positives in claims processing. Coforge implemented advanced anomaly detection models and external data integration, resulting in significant improvements in recall, precision, and faster claim processing. The solution also included an interactive dashboard for investigators to evaluate high-risk agents and policies.