How Layered Protection Supports Insurance Identity Fraud Management
Even accidental evasion, such as failing to update information, can increase insurers' risk exposure.
The first move is to examine the full profile.
Fraud can range from hacking personal information to synthesizing new identities from existing elements.
Insurers can monitor the frequency and type of activity to better identify which traffic is human-generated versus automated web 'bots.'
Watching for fraud begins at the point of quote and application.