Tech Makes Fighting Fraud Affordable

Everyone talks about insurance fraud, but nobody does anything about it–at least in cases where the claims are not significant.

Sad to say, but some in the property-casualty insurance business view fraud–whether traditional or computer-based–as a cost of doing business, according to insurance fraud experts. While high-profile scams involving big dollars may draw the attention of special investigation units, some in the industry, whether from lack of time or a shortage of manpower and resources, see smaller crime–such as fraudulent claims for just a few thousand dollars–as just not worth the cost of challenging and investigating.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.