The fraud landscape is changing, with a rise in opportunistic fraud creating new pressures for insurers and demanding new ways for them to combat the threat. Grey data offers a powerful tool in an insurers’ arsenal that has not yet been fully realised, but turning this data into useful intelligence will require insurers to rethink their approach to data, innovation, and fraud across the business.
This roundtable will bring together C-suite, Directors and Heads of fraud, financial crime, claims, data, intelligence, analytics, innovation, transformation, technology, operations, and customer for a deep dive into the changing threat profile of fraudsters, the ways in which insurers are currently using grey data, and strategies for making more effective use of this valuable but currently underutilised resource.
Welcome and participant introductions
DiscussionÂ
- The changing fraud landscape: what is driving the growth of opportunistic fraud and how does it change the threats insurers face?
- Winning the fraud race: what do insurers need to be aware of to stay ahead of opportunistic fraudsters and how can they adjust their anti-fraud practices?
- The secret weapon in the fight against fraud: what is the potential of grey data for combatting fraud and how effectively are insurers making use of this potential currently?
- Turning data into intelligence: how can insurers more effectively capture, analyse, and share grey data?
- The tech foundations: which tools and technologies should insurers be investing in to best leverage grey data’s insights?
- Powering innovation: how can grey data help to underpin advances in AI and machine learning and what are the potential applications beyond combatting fraud?
- Managing the changing compliance regime: where can grey data assist insurers in meeting their obligations under new Economic Crime and Corporate Transparency legislation?
Closing remarks
(60 minutes)
Request an invitation
This roundtable is designed for senior figures working across insurance.
Fill in this form if you meet the above criteria and would like to participate in the discussion on 25 February. All invitation requests will be vetted and approved (or declined) by the organiser.
About Verisk
Verisk Marketing Solutions is a consumer data and insights unit of Verisk that specializes in helping marketers, platforms, and the providers they work with, continuously maintain a real-time view of their consumers’ profiles and behaviors as they change over time. Bringing together the unique behavioral data assets from Jornaya with the proprietary identity graph from Infutor, Verisk Marketing Solutions offers comprehensive and actionable identity data for everyconsumer and household in the US, alongside the earliest indicators of their in-market shopping behavior. This one-of-a-kind view is maintained with the highest standards for data security and consumer privacy, preferences, and permissions.
For more information, visit https://www.verisk.com/en-gb/.
