Report: Workers’ comp is larger fraud area for property/casualty industry

 Friday, September 7, 2012

 Risk and Insurance

The report from Deloitte Consulting says while many companies are increasingly trying to address the issue of fraud they are by and large taking a fragmented approach. Instead, an integrated approach with "an end-to-end vision of the fraud management process" is needed. "An effective operating model supports implementation of a fraud management strategy," the report says. "Access to consistent, high-quality data and the latest tools and analytics provides the opportunity for an operating model to reach its full potential."
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