with a better browsing experience; allow us to assess, monitor, and improve the website’s
performance; and enable our partners to advertise to you. You may disable the cookies by changing
the settings in your browser, and you may tell us not to share your cookie data with third parties.
The insurance industry has long been a leader in the use of analytic models for pricing. Now, with new and more complex data available there are an increasing number of scenarios where analytics are making a big impact. FICO provides a platform for Insurance that uses advanced analytics to manage risk, prevent fraud, improve debt collections and increase your profitability while delivering a great customer experience. This includes areas such as:
For insurance companies who deal with cyber-insurance, FICO delivers a research-proven approach to independently score 3rd party organizations based on their risk of data breach – this involves scanning the entire internet on a weekly basis and process an enormous data set using machine learning to create advanced predictive models. This same enterprise security score can be used to ensure you have accurate insight into your own company’s ability to keep sensitive data secure.
FICO is a Gold Sponsor of the 6th Big Data and Analytics Summit Canada. Join Mazen Moussa, Sr. Director, Decision Management Solutions & Analytics, FICO and day 1 – closing keynote speaker: Driving AI/ML Adoption to Improve Analytic Models and Business Processes. Learn more about The Big Data & Analytics Summit Canada at https://www.bigdatasummitcanada.com/.
GEHA catches fraud before payout while improving case targeting twelve-fold.
It’s a fact: Accounts receivables and bad debt are soaring among hospitals and health systems, and it’s not just because of uninsured patients. Unpaid medical bills are also surging at an alarming rate for many middle-class citizens, due t...
The FICO® Cyber Risk Score provides an empirical, long-term indicator of network security risk based on network assets and proprietary analytical methods helping understand your security posture and assess the risk of third-party organizat...
Insurance fraud losses are rising in the US, the UK and many other markets across the globe. Insurers are experiencing higher incidences of opportunistic fraud (exaggeration of legitimate claims), as well as premium leakage due to misrepre...
In the fight against claims fraud, criminal rings constitute an elusive and costly portion of an estimated $80 billion lost to fraud annually. FICO® Identity Resolution Engine, an integral component of the FICO® Claims Fraud Solution, prov...