Risk Management

How Bad Is Insurance Fraud Really?

For starters: Insurance fraud in the U.S. is estimated to be at least $80 billion a year.

May 11, 2016

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The-World-of-Insurance-Fraud-Infographic

This infographic was originally published on Easy Life Cover.

Eamonn Freeman

Eamonn Freeman is managing director of Easy Life Cover, a life insurance company based in Ireland. He regularly researches and creates content relatable to his industry ranging from infographics to blog posts.

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Beyond Silos: Strengthening Operational Resilience with Integrated Risk Management

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Discover how Integrated Risk Management (IRM) can unify your risk and safety efforts, boost visibility, and drive smarter decisions across your organization.

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The Growing Challenge of Extreme Droughts

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Daniel Bannister

The Mediterranean shines the spotlight on the vulnerability of food supply chains to droughts, which are predicted to become more prevalent under climate change.

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Dissecting Insurance Industry's Response to Geopolitical Risks

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Insurance Thought Leadership

The Insurance Information Institute

Triple-I Chief Economist Dr. Michel Leonard discusses key geopolitical risk scenarios and their impact on the insurance industry in his latest quarterly interview with ITL.

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Beware the Algorithm!

By Paul Carroll

Lawyers and consumer advocates are demonizing algorithms any time a decision goes against a policy holder. Let's talk about them less.

How to Navigate Social Inflation

Facing increasingly complex claims, insurers must modernize, shift their cultures to prioritize efficiency and empathy, and seek legal reforms. 

1

Managing Loss Control With Location Intelligence

By combining historical aerial imagery, property condition data, and AI, insurers can optimize underwriting, inspections, and fraud reduction.

2

A Practical Approach to AI in Insurance

Insurers can use AI to solve specific problems without causing major disruptions.

3

AI in Insurance: Balancing Innovation and Caution

AI's potential to transform insurance clashes with the industry's risk-averse nature, creating a complex landscape for insurers to navigate.

4

Why Obesity Rates Won't Stop Rising

The government must partner with organizations and insurers to increase the availability of obesity medications.

5

How Business Rules Engines Can Slash Time to Market

The systems streamline the management of business rules, letting insurers adapt swiftly and efficiently without the need for intervention by IT. 

6

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