Insurance agencies worldwide agree: At least 10 percent of claims are fraudulent – and it’s policyholders and customers who pay the cost. Russia-based URALSIB Insurance Group was determined to get ahead of fraud to protect its business and customers. Teaming with business analytics leader SAS and leading Russian systems integrator I-Teco, URALSIB deployed analytics solution SAS® Fraud Framework for Insurance. The antifraud analytics implementation is the first of its kind in the Russian insurance market.
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