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Revolutionize Fraud Detection with Verisk's Advanced Network Analysis Tool

Fraud Detection Software

Discover Verisk's Network Analysis tool, revolutionizing insurance fraud detection with advanced analytics, visual mapping, and integration with 1.7 billion claims data.

About NetMap

Verisk's Network Analysis tool is a game-changer in the fight against organized insurance fraud. The platform's ability to swiftly evaluate claim data, public records, and other relevant information allows for the detection of fraud patterns that traditional methods often miss.

What sets Network Analysis apart is its sophisticated node link analysis, which uncovers hidden connections among claimants, providers, and businesses. This advanced technology compresses weeks of complex analysis into mere hours, significantly enhancing the efficiency of Special Investigative Unit (SIU) analysts. The visual mapping feature is particularly impressive, as it proactively identifies suspicious claims patterns and trends, enabling insurers to act swiftly and decisively.

Moreover, the integration with ClaimSearch, which boasts data from over 1.7 billion claims, provides unparalleled access to extensive data sources. This comprehensive approach not only streamlines investigations but also enhances the overall accuracy of fraud detection.

In an era where organized fraud rings are becoming increasingly sophisticated, Verisk's Network Analysis stands out as a vital tool for insurers looking to protect their interests and maintain the integrity of their operations. The combination of advanced analytics, data visualization, and a user-friendly interface makes it an indispensable asset in the ongoing battle against insurance fraud.

Fraud Detection Features

  • Check Fraud Monitoring
  • Custom Fraud Parameters
  • For Insurance Industry
  • Internal Fraud Monitoring
  • Investigator Notes

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