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Hyundai Marine & Fire Insurance Taps SAS for Fraud Detection
The Korean carrier's new fraud detection system combines business rules based on the experience and knowledge of its investigators with model rules generated from data extracted from various IT systems using SAS advanced statistical techniques, according to a release.
New York Life Launches Agent Social Media Capabilities
The insurer has adopted Socialware's Compass solution which enables social data to be filtered, tagged, integrated, archived and aggregated in adherence with regulatory compliance demands and company policy.
Insurers Underestimate the Social Media Opportunity
Insurers have not been slack in detecting an opportunity in social media, but feedback such as the Fiserv study show that the potential for social media is only limited by carriers' creativity.
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