travel communities retail insurance gaming finance gambling play angle-up angle-down shield-2 circuits calc endquote database stopwatch tasks data-analysis connection-chart lock-nodules shield vibrate swipe pin padlock fingerprint bluetooth arrow-right auth-1 auth-2 fraud trust weekly monthly daily location clock-3 calendar ticket vimeo coffee net office travel piggy bicycle home map comment medal timer chat glasses add chevron-right chevron-left rss download email-square clock-2 date date-2 monitor copy-file file folder video cash-square angle-left phone-square id-square edit-square gleam-square check pin like2 target quote-open network-square clock-square flag-square config-square map-marker-square map-marker-2 browser-square global-square plug-square pen-square mail-square mail portfolio-square user-square angle-down-circle users note2 key credit-square credit angle-up-circle gleam user-group id edit phone angle-right close-circle close facebook google-plus linkedin loupe menu twitter youtube user-group-square Skip to Content

iovation, the provider of device intelligence for authentication and fraud prevention, has been named the 2015 “Outsourced Partner of the Year” in Post Magazine’s Data, Analytics and Technology Awards for Insurance. Judges from Post Magazine, a UK-based insurance publication founded in 1840, plus many of Europe’s most recognized insurance anti-fraud professionals, selected iovation based on the positive impact its device-based fraud prevention solutions have had on UK insurance providers.

“Online fraud is no longer perpetrated by the ‘lone wolf,’ it’s perpetrated by highly sophisticated organized gangs who are constantly coming up with new ways to carry out their schemes,” said iovation’s Business Development Manager for Insurance, Tristan Prince. “It’s essential that insurance providers have a unified front to fighting fraud just like the bad guys have with their activities. I’m honored that iovation has been recognized for helping make this happen.”

With iovation, insurers are able to identify fraud and misuse at point-of-quote, point-of-purchase, claim, mid-term adjustment and renewal. The company's device-based services specifically help them:

  • Stop fraud risks by linking fraudulent claims together
  • Quickly uncover organized gangs of criminals working in collusion
  • Prevent ghost brokering, crash for cash schemes and quote manipulation
  • Immediately know which devices interacting with their site have damaged other insurers by leveraging more than 25 million contributed fraud reports in iovation’s global device intelligence network

Post Magazine specifically awarded iovation because of how Gocompare.com recently began utilizing its fraud prevention solution to become the first UK aggregator to implement a point-of-quote fraud, and misuse detection and prevention capability. Since this anti-fraud service launched earlier this year, Gocompare.com has detected and blocked a significant volume of instances of known or suspected insurance fraud, or other high risk and suspicious activity with the iovation-powered solution. Because iovation’s solution works in the background, it presents no additional friction for good customers.

Post Magazine recently awarded Gocompare.com’s iovation-powered solution as its “Combatting Fraud—Broking Initiative of the Year" at its Insurance Fraud Awards. Last year, iovation was named the “Claims Technology Partner of the Year” in Post Magazine’s Insurance Fraud Awards.

Your browser is out-of-date!

Update your browser to view this website correctly. Update my browser now

×