Free press releases distribution network?

Agency / Source: ThatPRGuy.com

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



New Property and Casualty Insurance Fraud Detection Service Launched - Insurance fraud is estimated to cost the insurance industry between $20 and $30 billion per year. New online fraud detection and prevention services help identify and prevent fraud.
New Property and Casualty Insurance Fraud Detection Service Launched

 

PRZOOM - /newswire/ - Charlotte, NC, United States, 2006/09/19 - Insurance fraud is estimated to cost the insurance industry between $20 and $30 billion per year. New online fraud detection and prevention services help identify and prevent fraud..

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Insurance/Risk Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

ECS Reporting Solutions has announced the availability of online services, designed to help the insurance industry to identify and prevent fraud.

Property and casualty insurance fraud is estimated to cost the insurance industry as much as $30 billion per year. Attempted check fraud at the nation's banks rose to $5.5 billion according to the 2004 American Bankers Association Deposit Account Fraud Survey Report. Fraud prevention is a major concern for banks, financial institutions, insurance companies, and government organizations.

The ECS gateway system can be used to create customized reports, notifications and digital dashboards designed to identify and prevent fraud. This enables users to extract information such as claimant profile data, previous loss history data, and almost any other information that can be used to identify possible red flags of fraud.

ECS has virtually unlimited public records databases, and partnerships with leading business intelligence software providers, to provide cutting-edge data mining capabilities, according to information from the company website.

ECS Reporting Solutions also provides affordable consulting and training services for organizations that require additional assistance in developing their reporting solutions. They have a staff of insurance and reporting professionals that can provide expert advice on how to proactively identify and prevent fraud.

Organizations that need help to implement these solutions can get assistance through the consulting and training services provided by ECS. Advice and instructions on how to proactively identify and prevent fraud are included.

"We have been able to create a suite of services that are available to assist insurance organizations to expand their business intelligence capabilities. Using the latest technologies combined with our public records gateway service, we are able to make these services effective, convenient, and far more affordable than other solutions," explained Sara Morrison of ECS.

While insurance fraud is recognized as a growing problem, insurers are caught between many competing and potentially conflicting needs. Insurers face the challenge of processing claims quickly to comply with government regulations, and also identifying possible fraud.

"It is critical for insurers to minimize claim settlement and payment costs through early fraud detection. ECS can assist organizations with integrating the results of customizable analytics to detect fraud early in the claims process. Claims with high fraud scores are routed to investigators for further analysis. This allows insurers to efficiently manage investigative resources so investigators are focused on the claims that are most likely to be fraudulent. We help insurers to decrease set up and maintenance costs by avoiding high risk customers," explained Morrison.

About ECS Reporting Solutions
ECS Reporting Solutions offers strategic business intelligence services for the insurance industry. Clients receive customized reporting services that include custom reports and digital dashboards aimed at detecting and preventing fraud.

Press Contact:
Sara Morrison
800-353-1417

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Insurance/Risk Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: ThatPRGuy.com

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Insurance/Risk Management articles,
CATCH Visitors via Your Competitors Announcements!


New Property and Casualty Insurance Fraud Detection Service Launched

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Sara Morrison 
603-522-0148 David[.]Bresnahan.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ThatPRGuy.com securities in any jurisdiction including any other companies listed or named in this release.

Insurance/Risk Management via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From ThatPRGuy.com / Company Profile


Read Insurance/Risk Management Most Recent Related Press Releases:

SCOR Named 'Life Reinsurer of the Year 2016' by Asia Insurance Review
SCOR is Named 'North American Life Reinsurer of the Year 2016' by Reactions Magazine
Wunelli Evolves Driver Signature to Take Telematics Apps to Next Stage of Growth
LexisNexis Risk Solutions to Provide Mobile Telematics for Nationwide’s SmartRide Program
LexisNexis Risk Solutions Elevates Insurance Customer Experience with New Active Risk Management Solution
LexisNexis Risk Solutions Launches First Contextual Telematics Insurance Model in U.S.
Resolver’s Perspective™ Incident Management Software Now Fully Integrated with Software House C•CURE 9000 Security and Event Management Solution
PPM 2000 Joins Forces with Resolver
LexisNexis Launches LexisNexis Intelligence Exchange in India for Life Insurers
LexisNexis Risk Solutions Announces New Relationship with Ellie Mae

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  Triggr & Bloom

Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today