FraudFocus INTERCEPT
FraudFocus INTERCEPT delivers a cost-effective alternative to custom analytic solutions for many insurers to help provide rapid and substantial return on investment. The fast and efficient implementation allows customers to be up and running in a production environment with the ability to quickly identify quality referrals that can result in increased mitigation rates and substantially reduced loss ratios.
FraudFocus INTERCEPT uses industry standard claims submission formats to provide a new level of consistency and efficiency in identifying fraud without major involvement of IT resource or infrastructure. FraudFocus INTERCEPT leverages your existing architectural framework and processes to eliminate duplicate data submission extracts while providing you with the decisioning support needed to reduce cycle times and quickly determine whether further investigation on high scoring claims is merited.
FraudFocus INTERCEPT can help you:
- Reduce claims losses.
- Allows for fraud detection throughout claims cycle.
- Increases probability of mitigation with quality referrals.
- Improve operating efficiencies.
- Provides decisioning support that enables straight-through processing.
- Provides performance metrics and operational analytics.
- Lower operations costs.
- Gives you a cost-effective alternative to custom analytics solutions by leveraging existing architecture.
- Reduced IT involvement.
Click here to learn more about FraudFocus INTERCEPT.
Please contact a ChoicePoint Claims Solutions representative at 800-934-9698, option 5, or visit http://claimsolutions.choicepoint.com/learn.htm.
The FraudFocus service does not involve the provision of a consumer report as defined by the federal Fair Credit Reporting Act ("FCRA"), 15 USC 1681 et seq. Information provided through FraudFocus may not be used to determine eligibility for credit, employment, insurance underwriting, tenant screening or for any other purpose that is governed by the FCRA.
