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New anti-fraud partnership

Policies & Partnerships
5 Sep 2019 | Editorial Team
Featured in Issue 224 | September 2019
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A protective umbrella for business

The National Insurance Crime Bureau (NICB) in the US has entered into a strategic partnership with global anti-insurance fraud analytics provider Globlue Technologies

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The fraudster piggy bank is lighter than usual

Allianz quadruples fraud savings in H1

Following its decision to merge its application and claims fraud teams, Allianz Insurance has reported that its fraud savings quadrupled during the first half of this year, surpassing £29.6 million
2 Sep 2019
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Stefan Mohamed

Under the terms of the new agreement, companies that are members of the NICB and customers of Globlue will both be granted access to essential strategic information from the NICB via the analytics provider’s ARKHOS Data Fusion intelligence platform. It is hoped that this will improve fraud detection and prevention efforts across the board.

The ARKHOS platform can integrate a company’s existing internal data with intelligence from a third party, in order to improve the data available during an investigation. By integrating NICB’s data with Globlue’s platform, insurers will have the ability to perform a live search of NICB’s database, taking in internal claims data and intelligence from external sources.

“Through this partnership, mutual customers will leverage ARKHOS Data Fusion enhanced identity resolution,” said Globlue Technologies President and CEO Adrian Silva, “which provides advanced intelligence analytical capabilities to bring carriers’ investigative data, third-party data and NICB data together in a single dashboard. [This allows] analysts to perform advanced analysis in real time, accelerating the data-to-decision process, as it relates to fraud detection.”

ITIJ 224 Cover

September 2019
 Issue

In ITIJ’s September issue, we get to grips with some of the risks involved with the fast-growing trend of ‘dark tourism’; and we explore the enduring relevance of brokers in the global travel and health insurance landscape. We also hear personal insights from an insurtech specialist on how insurers can capitalise on the global tourism boom, a member of the UK’s Chartered Insurance Institute on how policies might evolve to meet the needs of tomorrow’s space travellers, and a global assistance provider CEO on how to better educate customers on hurricane risk.

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Policies & Partnerships
5 Sep 2019
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Editorial Team

The Editorial Team updates the ITIJ website daily, and works on features for the print edition. With expert industry knowledge and years of experience in writing about complex travel insurance issues, the Editorial Team is ready to investigate and report on the topics that matter most to ITIJ's readers.

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