With RiskShield, INFORM offers an intelligent tool for risk management, claims process automation, and AML compliance (Customer Due Diligence, Suspicious Activity Monitoring, and Watchlist Screening). Using RiskShield, carriers can manage and mitigate risks due to fraud and suspicious activity as well as automize claims processes. This way, they can reduce enterprise costs, accelerate operational activities, improve workflow efficiencies, and maximize their customer’s satisfaction.
With its continual analysis and rescoring in just milliseconds, RiskShield can monitor from significant to minimal changes in customer behavior across multiple claims, lines of business, and systems that may change due to the slightest changes in the data structure. RiskShield can discover, analyze, visualize, and expose dishonest individuals who are exploiting insurer vulnerabilities.
