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Oracle Advanced Analytics: insurance claim fraud detection

Apr 9, 2015 9:16:07 AM / by Jevgenijs Rogovs posted in OAA

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The insurance fraud problem is as old as the insurance industry itself. The magnitude of insurance fraud today is enormous, and it is not limited to a single geographic location. One company investigated an average of 300 suspicious claims a month in Slovakia in 2009 – and that is just one insurer in one small country of just over 5 million inhabitants.

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