Leverage iovation’s deep experience in preventing insurance fraud.
Insurance companies face significant fraud prevention challenges, with risk exposure across policy, claims and broker networks. Policyholders are also vulnerable to identity theft. The business impacts of fraud include financial loss and lost productivity. iovation offers insurers a solution which leverages multifactor authentication, device intelligence and other advanced security technologies to protect against the most serious threats. Stop fraudulent activity:
- At quote and policy inception - Before any loss can be incurred
- At endorsement or MTA – When a new risk might be introduced
- At claim – As an extra layer of identity verification
- During policy renewal – To minimize future exposure
iovation’s fraud prevention and authentication solutions are powered by our Global Device Intelligence Platform, containing 4 billion devices and 42 million fraud and abuse reports, which allows you to leverage data on known risks specific to your industry to make better decisions. Thus enabling you to provide a better user experience for your trusted customers while mitigating fraud risk at all stages of the policy lifecycle.
Expedite good customer, shut down:
- Ghost brokers
- Policy fraud
- Claims fraud
- Identity theft
- Account takeover
iovation’s device intelligence and Fraud Force Community gives us a remarkable opportunity to discuss fraud rings and how to combat them. We can have these discussions in the community while honoring compliance regulations and our respective companies’ policies."Stephanie Driscoll, Fraud Operations Manager
Reduce friction for customers by providing an invisible, hassle-free web experience utilizing device recognition.Learn More
Leverage adaptable, risk- based multifactor authentication to secure online accounts.Learn More
Fraud Prevention Solutions
Fighting Insurance Fraud with Device Reputation
In this discussion with The Telegraph, learn how the insurance industry can use device intelligence to defend against policy fraud, claims fraud, and other schemes which are facilitated at different points in the customer lifecycle.Watch Video
The Evolution of Fraud in the Insurance Industry
In this new white paper, we examine the evolving fraud trends that are making a significant impact across the global insurance landscape. Download the white paper now to learn: Why insurers need to address the demand for an omni-channel experience. How mobile growth is impacting the insurance marketplace. What the rise of insurance aggregators means to the business.