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Hybrid Approach: Detecting insurance frauds more effectively
The main threat of any insurance organisation is to detect fraud. To prevent fraud effectively, SAS has taken a Hybrid Approach, which enables detection of fraud 10times more effectively. The technologies in this Hybrid Approach are: Business rules, Anomaly Detection, Predictive Models and Social Network Analysis.
For more information, please go through: http://www.youtube.com/watch?v=HbJmJ_jK7gU
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