LexisNexis Risk Solutions – Business Services
LexisNexis® ThreatMetrix® uses a revolutionary global shared digital identity intelligence network that uncovers the dynamic intricacies of how people transact online to help insurers transform their ability to detect and defend themselves against the latest fraud challenges – while at the same time enabling a truly friction-free customer experience.
All content by LexisNexis Risk Solutions – Business Services
Fraud Spotlight: Working together to prevent insurance fraud
The fight against insurance fraud is a complex and multifaceted challenge that requires a concerted effort across the market. This article highlights the barriers to effective collaboration and how disparate elements can be aligned to create an effective market-wide fraud prevention strategy.
Fraud Spotlight: ID fraud now hardest to spot, say insurance leaders
Identity fraud was named as the fraud typology most difficult to detect, according to the 2024 Insurance Post Fraud Survey sponsored by LexisNexis Risk Solutions. This article highlights the fraud typologies insurers are finding most difficult to identify and the rise of synthetic ID fraud.
Fraud Spotlight: Insurers face ‘cat-and-mouse’ with fraudsters
There has been a marked increase in opportunistic claims fraud, according to the Insurance Post Fraud Survey 2024 conducted in association with LexisNexis Risk Solutions. Featuring input from Ageas, Aviva and QBE, this spotlight sheds light on the latest insurance fraud trends.
Roundtable: Staying ahead of insurance fraud
At a recent roundtable discussion, hosted by Insurance Post in association with LexisNexis Risk Solutions, an expert panel discussed the trends insurers are seeing around fraud, and the solutions firms are deploying to keep up with the increasingly sophisticated criminal activity.
Infographic: The cost of fraud in a cost-of-living crisis
Insurance Post and LexisNexis Risk Solutions conducted their annual fraud survey of the insurance market to determine the impact of the current economic downturn on fraud across the industry. This infographic highlights five key trends impacting the fraud landscape.
Synthetic ID fraud - a growing threat to the insurance industry
Synthetic ID fraud is a growing threat, with fraudsters using fake identities to commit crimes, and it is becoming increasingly difficult to detect. This article outlines how this impacts the insurance industry, and what insurers can do to protect themselves.
Roundtable: Strengthening the insurance industry’s defences against tomorrow’s fraudsters
Insurance Post in partnership with LexisNexis Risk Solutions, hosted a roundtable discussion where specialists delved into the evolving landscape of insurance fraud and the industry’s ongoing efforts to stay ahead of fraudsters. This article provides an overview of the key discussion points.
Surge in synthetic ID and Al fraud threatens UK insurance
The UK insurance sector continues to experience a surge in fraudulent activities, leading to significant losses for insurers. Oleg Zadalia, principal solutions consultant for LexisNexis Risk Solutions, explores the most critical findings from the Insurance Post Fraud Survey Report 2023.
Insurance fraud: Survey reveals impact of economic downturn
Insurance fraud is a growing problem in troubled times. To find out more about the current fraud landscape, Insurance Post collaborated with LexisNexis Risk Solutions to conduct its annual fraud survey. This report highlights the key findings and how insurers can stay one step ahead of fraudsters.
How can data enrich the property claims journey from FNOL to payments?
A recent roundtable hosted by Insurance Post in association with LexisNexis Risk Solutions saw an expert panel discuss how data enrichment can be used from a post-loss perspective and what this change could mean for the future of property claims. This article provides a summary of the discussion.