When is an insurance claim
genuine? When is it Fraudulent?
Fraud
How much time and money does it take for your Claims Department to tell the difference?
With the number of both bona fide and fraudulent claims on the increase, claims departments and claims handlers are more besieged than ever. Most fraud goes undetected, costing insurers vast sums in claims payments and leading to consumer unhappiness with rising premiums.
And, when a potentially fraudulent claim is investigated, the costs associated with the process can outstrip the potential savings to the insurer. In addition, the lack of a central control mechanism that can monitor all commercial and legal aspects of the investigation increases the pressure on the handler, reducing the prospect of a successful outcome.
Is there a one-stop, experienced, devoted resource for controlling the costs and time involved in the investigation of insurance fraud?
Yes: Keoghs Specialist Claims Unit.
For
further information please contact Don Clarke
Telephone: 01204 677000
