WHERE:

ISOTech 2002 Conference: On Target for Success
Disney’s Contemporary Resort
Lake Buena Vista, FL

Booth #317

WHEN:

November 10 - 12, 2002

WHAT:

Insurers of all sizes consider fraud "a serious problem." More than one-third of insurers believe fraud has increased over the past three years, according to a survey conducted by ISO, and more than 40 percent of insurers report spending more to fight fraud. However, these insurers rate their overall efforts as only "moderately" effective. Why isn’t fraud being detected, and how can insurers improve the process to find more fraud and avoid "false positives" that might alienate good customers?

Inefficient, paper-based processes make carriers more susceptible to losses, allowing them to only detect 20 percent of the fraud that occurs. The next level of detection must rely on sophisticated systems to automate and systematize the process.

Leading this charge is Fair, Isaac, the leading global provider of analytics and decision technology. The company recently merged with HNC Software, bringing a solid foundation in fraud detection technologies and in-depth business process expertise to create one comprehensive solution. Fair, Isaac now has the capabilities to address every facet of fraud, including systems to perform risk scoring and to detect application fraud, underwriting fraud, claimant and provider fraud, as well finding the best opportunities for recovery. Come learn what Fair, Isaac technology can do to help today's beleaguered insurance carriers stop fraud.

To find out more, schedule an interview with Laki Balaji during the conference, or visit the Fair, Isaac booth #317 during the conference.

WHO:

Laki Balaji is the vice president of Insurance Predictive Risk Software Solutions at Fair, Isaac. He was formerly with HNC Software Inc., which became part of the San Rafael, California-based Fair, Isaac on August 5, 2002.

CONTACTS:

Tammy Delatorre, Scott Marketing & Public Relations, 818-610-0270, tammy@joyscott.com; Joy Scott, Scott Marketing & Public Relations, 818-610-0270, joy@joyscott.com

WEBSITES: