Orlando, Fla.–An insurance fraud expert told an industry conference here that insurers need to be more proactive in spending to deter criminality before it occurs.
"Convincing them to not do it from the get-go is where we should put more of our efforts," Dennis Jay, executive director of the Coalition Against Insurance Fraud, told the opening session of the ACE-SCLA claims conference.
Mr. Jay said less than 5 percent of fraud-fighting dollars go toward public awareness deterrence programs. He also said that quantifying the results of deterrence efforts remains a challenge.
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
Already have an account? Sign In Now
© 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.
