To generate underwriting profits, insurers need to consider all technologies that can help them improve their technical ratios. Among these ratios, the loss ratio is key. In this report, Celent profiles claims fraud detection system vendors insurers can use to mitigate frauds.

Celent defines a claims fraud detection system as a system that helps insurance companies identify frauds in claims and consequently plan actions to mitigate them.

This report provides a detailed description of IT vendors and their offerings in the insurance claims fraud detection area. It profiles 19 IT vendors and is not restricted to a specific geography.