The effective management of claims, especially the detection of insurance fraud, is of the utmost importance for insurance companies, as almost one in ten reported claims is fraudulent. However, only a small proportion of these cases are detected. This discrepancy leads to significant financial losses in the billions for insurance companies and ultimately also has an impact on the community of policyholders.
Large-volume cases in particular are characterized by complex networks of different companies. With the Palturai BusinessGraph, you can reveal the business relationships of your policyholders. Numerous renowned insurance companies are already using it to detect and prevent fraud.
The Palturai Fraud Prediction Index, developed using machine learning, supports rapid process control in underwriting with corporate customers. Information about companies as applicants is immediately and completely available for extended checks and research. Premium surcharges can be automated on the basis of the information provided.
Palturai’s FraudTracer provides insurance companies with a state-of-the-art analysis tool for detecting organized insurance fraud gangs and criminal networks. The Palturai Fraud Prediction Index supports automatic processing. An intuitive user interface enables simple research during an extended check. Even complex structures can be screened easily and efficiently.
In the highly competitive occupational pensions market (occupational disability, occupational pension, occupational health insurance), it is primarily about new customer leads that can be developed for the agent/broker. By using the network, “warm introductions” can be used to initiate contact with leads.
The use of the Palturai database to gather information and enrich existing information is very popular for preparing appointments.
Identifying untapped sales potential by matching the private/corporate customers of an insurance company with the Palturai database. The use of the Palturai database to gather information and enrich existing information was very popular in the preparation of appointments.
Where is your customer also the beneficial owner? Who is the real decision-maker in the company? If you can answer these questions, you can tap into valuable sales potential and save valuable time during the due diligence process.
Numerous insurance companies use the Palturai BusinessGraph to make the economy of the DACH region transparent and to find out who you are really dealing with.
For the second time, we are represented in the “Steirische Mobilität” magazine of ACstyria in Austria. The magazine is aimed at companies and decision-makers from the ACstyria Mobility Cluster network, a network of around 300 companies from the automotive, aerospace and rail systems sectors – with over 70,000 employees and a total turnover of more […]
PALTURAI is proud of a great article in the HANDELSZEITUNG, Switzerland’s leading business newspaper. The content is the presentation of a 360° customer view based on the innovative graph technology. A great project that Palturai was able to realize together with Swiss Re Corporate Solutions Ltd and Iskander Business Partner AG Swiss.
Insurance fraud is a criminal offense. According to estimates by the German Insurers’ Association, the damage amounts to 4 billion euros per year. The damage is often particularly high for corporate customers. Using the Palturai BusinessGraph offers insurers some innovative ways to track down fraudsters and increased risks.
