Research and Markets: Fraud Mitigation Market in Non-Life Insurance Sector - 2015 with IBM, Valen Analytics and BAE Systems

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/9mqd99/fraud_mitigation) has announced the addition of the "Fraud Mitigation Market in Non-Life Insurance Sector - Market Intelligence, General Insurance & Non-life Insurance, (Health Insurance, Vehicle, Disability, Liability, Property, Casualty Insurance, Accident & Insurance) Fraud Mitigation, Fraud Analysis" report to their offering.

Fraud is hardly a new phenomenon. In the recent years it has been getting more sophisticated and causing more serious damage. Factors such as increasingly powerful, easily accessible technology and the global economic downturn continue to push the threat in new directions, making it capable of inflicting even more serious damage.

Along with the world economy, the insurance industry has been struggling to meet up with the economic challenges. In such an economic environment, insurance fraud, which cost the industry millions of dollars is pushing the companies into the red. Frauds are driving up overall costs for insurers and premiums for policyholders. According to an estimate by the FBI, The total cost of insurance fraud in USA (non-health insurance) is estimated to be more than $40 billion per year. That means Insurance Fraud costs the average U.S. family between $400 and $700 per year in the form of increased premiums.

Companies Mentioned:

- BAE Systems

- Bearing Point

- Datawatch

- FICO

- Friss

- IBM

- Innovation Group

- Optum

- Reedelsevier

- SAS

- Synerscope BV

- United Health Group

- United Healthcare

- VIPS (General Dynamics)

- Valen Analytics

- Verisk Analytics

For more information visit http://www.researchandmarkets.com/research/9mqd99/fraud_mitigation

About Research and Markets

Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Advanced Technology, Auto Insurance

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Advanced Technology, Auto Insurance