Fraud is an escalating problem for the insurance coverage business. Brokers know solely too properly the affect of post-sale cancellations and dangerous debt on the underside line.
Whereas the shift to on-line is partly behind this rising drawback, expertise additionally holds most of the solutions.
Placing the appropriate measures in place can generate fast wins, together with decreased administration and claims prices, whereas giving clients a fairer deal.
Stopping fraud from occurring is far simpler and much less expensive than
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