Sponsorship by iovation to Support Free Counter-Fraud Networking Forum's Mission to Enhance and Promote Insurance Industry Collaboration

No Office Walls (NOW), a free counter-fraud networking forum for the insurance industry, today announced that iovation, a leading provider of device intelligence for authentication and fraud prevention, has become the first official sponsor for the No Office Walls forum. As part of the sponsorship package, NOW is using iovation’s ClearKey transparent authentication solution for secure login on its website.

No Office Walls has been set up by Dan Cassell and Cate Wright – Dan was a founder of GoCompare and IT Director and Cate headed up the Fraud department at the comparison site.

NOW will launch in March 2018 and will provide a free, secure communication platform to enable counter-fraud specialists in the industry to discuss and share knowledge, experience, and best practises in real-time.

“We are over the moon that iovation has become our first official sponsor. Given its reputation and success in helping the insurance industry combat fraud, it is a perfect partner for No Office Walls and its support will go a long way to help keep this a free forum for the industry,” said Cate Wright, co-founder of No Office Walls. “Our main goal at NOW is to promote industry collaboration in our collective fight against fraud. Too many insurance firms are working in silos and until we start sharing knowledge and best practice, the fraudsters will continue to have success.”

Molly O’Hearn, VP Operations and co-founder for iovation, said: “The insurance industry in the UK has been targeted by fraud rings that operate with surgical precision in recent years. From ghost brokering and application fraud to identity theft and account takeovers, the industry has woken up to fact that the whole is greater than the sum, and that industry collaboration will be essential for keeping fraud rings in check.

“iovation works with a number of well recognised UK insurance firms to help them not only reduce their exposure to risk, but also improve the experience for their customers via seamless, omni-channel authentication. We are thrilled to support NOW in its mission and look forward to a long and fruitful collaboration with its members.”

NOW is funded by sponsorship of industry service providers and in return provides a unique marketing platform. If you are interested in becoming a sponsor, please contact Cate Wright at cate.wright@nooofficewalls.com

About No Office Walls

No Office Walls (NOW) was founded by Cate Wright and Dan Cassell, two long-serving insurance industry specialists who saw an opportunity for their industry to fight fraud more effectively by bringing the industry together and improving the daily interaction between all companies fighting this common enemy. Together they formed NOW to empower fraud professionals by enabling an inclusive approach; creating industry unity through improved collaboration and communication.

NOW works by inviting Counter Fraud Professionals within the insurance industry to join the NOW community for free and actively contribute to the tool by sharing challenges and successes, contributing to discussions and creating content such as blogs. Members will benefit from the information, knowledge and experience of other contributing community members. The more NOW community members contribute and the more the tool is utilised by the industry, the greater the benefit will be to all. NOW’s unique business model means it is available completely free of charge.

NOW is funded by its sponsors who are made up of Industry Service Providers; the companies that offer fraud prevention/detection products and services to the insurance industry. In return for their sponsorship, the sponsors advertise their relevant products and services on the platform, extract trend and market analysis and post surveys and marketing research materials.

Notes to editors:
For more information, contact Kathryn Chadwick or Lynsey Walden at Front Door Communications
on 02920 020360 or knock.knock@fdcomms.co.uk.

About TransUnion

TransUnion Global Fraud & Identity Solutions unite both consumer and device identities to detect threats across markets while ensuring friction-right user experiences. The solutions, all part of the IDVision with iovation suite, fuse traditional data science with machine learning to provide businesses unique insights about consumer transactions, safeguarding tens of millions of transactions each day.

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