With the economy floundering, businesses struggling to survive and employees losing their jobs by the hundreds of thousands every month, it is not unreasonable to anticipate increased fraud activity against insurers of all stripes by desperate claimants.
Technology vendors have been hard at work developing and upgrading products designed to thwart such activity by leveraging customer data and other information sources. The following are some of the most recent product offerings:
o SPSS offers a suite of predictive analytics software and solutions designed not only to uncover existing instances of fraud, waste and abuse, but also to prevent future occurrences, the Chicago-based company said.
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