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Last Updated: Apr 08, 2024

Insurance fraud is a significant threat to financial institutions as it can cause inflated operational costs for insurers, higher premiums for policyholders, and ultimately impact profits as well as eroding consumer trust. To address this challenge Advancing Analytics has developed the state-of-the-art Fraud Detection Solution. Utilizing the power of AI and machine learning, the solution identifies patterns and anomalies across large datasets, flagging suspicious claims and pinpointing fraud.

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