Fraudsters use insurance aggregators to incept and re-sell fraudulent policies, putting consumers and insurers at risk.
By leveraging shared intelligence and relationships with other iovation insurance customers, Confused.com built and submitted a case for police investigation with ramifications for the whole industry.
This case study looks at how Confused.com achieved a substantial decline in the number of ghost broker applications that converted into policies after implementing iovation’s Device Intelligence.
• Results and ROI.
• The benefits of working closely with an insurer-partner.
• The power of evidence sharing in the insurance community.
• Investigating and prosecuting a ghost broking ring.
• How Confused.com fights fraud with iovation’s Device Intelligence.