Even with existing screening, millions are lost to fraud in insurance claims each year. DataFlag uncovers the fraud others miss. Our automated solution, deep expertise and comprehensive fraud data combine to deliver a powerful, tech-driven solution that speeds up the process and helps our clients recover millions.
What is the need?
Unrivalled fraud detection
DataFlag identifies possible fraud in 1.2% of all claims that
we manage, including those that have already been screened for fraud. This means that from just 10,000 claims, at an average value of £10,000 per claim, DataFlag will identify a further £1.2m worth of possible fraud.
Identifies fraud in 1.2% of all claims we manage
DataFlag has saved one client £5.3m over 12 months
Process Automation
Property
Casualty
Strategic
Stages of the claim lifecycle
Strategy
Investigation
Trial/Settlement
Motor
DataFlag is our unrivalled AI-powered tool for fast, automated and effective fraud identification. This solution provides reliable fraud screening by data-matching your claims with our extensive database of fraud indicators, leading to improved indemnity savings.
What is DataFlag?
DataFlag automatically scans your claims, policy and ad-hoc data for fraud indicators, analysing it against our extensive bank of fraud data.
Thanks to the integrity of our database, DataFlag limits ‘false positives’, flagging only the claims that warrant further investigation, saving both time and money.
“Flagged” claims are securely and automatically sent to our Intelligence Team, where they are expertly triaged within 24 hours of screening.
What does it do?
Better outcomes: DataFlag identifies fraud more quickly than humanly possible, enabling us to set the right strategies for your claims at the earliest stage, guaranteeing more successful negotiations or repudiations.
Simplified workflows: Not sure when to escalate potential fraud? DataFlag takes away the uncertainty by only flagging the claims worth pursuing, allowing you to focus on the cases that save your organisation money.
How does it help?
Reduced workload: DataFlag automates the fraud claims triage process, transforming a task that may have taken hours into one that is completed it in a matter of minutes, freeing up your time to focus on other business and resulting in improved operational efficiency for your organisation.