Fraud Detection Management - Predictive Analytics

Insurance fraud is a large problem for the insurance industry today. It is estimated that 10-12% of all insurance cases in Denmark involve fraudulent claims. New detection methods and IT systems play an essential role in the fight against insurance fraud.

Using HUGIN software every insurance company can develop and integrate a fraud prediction model that quantifies the risk that a claim is fraudulent even in cases where data is missing or incomplete. With compelling financial benefits as a result.

Below you will find information on the HUGIN Fraud Detection Management solution.

System Description
This section describes the HUGIN Fraud Detection Management solution.

Return on Investment
Here you will find a ROI analysis on the implementation of a HUGIN Fraud Detection Management solution.

White Papers
The HUGIN Fraud Detection Management solution is described in a White Paper and a Technical White Paper.

Downloads
Please visit this section to download a HUGIN Network Language Specification file containing the model used in the examples, a Java code example and associated model example.

Applet Demonstration
This section contains a simple applet demonstration of the HUGIN Fraud Detection Management solution. The applet allows the user to interact with a fraud detection model running on a HUGIN web server.

For further information please contact This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

HUGIN is collaborating with Ecsact - an independent Danish actuary advisory company - on delivering the HUGIN Fraud Detection Management solution to insurance companies both nationally and internationally. See this page for a partner description.