Case Study
Malaysian insurers collaborate against fraud
www.baesystems.com/businessdefence Malaysian insurance market cracking down on fraud with BAE Systems Motor insurers are regarded as acceptable targets for opportunistic fraud, but also an obvious target for organised criminals funding crime by crashing cars or staging accidents. A combination of penetrating, accurate analytics to detect insurance fraud and decisive investigation tools are needed to protect genuine customers. Preventing insurance fraud during rapid market change – for a whole nation BAE Systems is working with insurers in Malaysia to identify and prevent criminals running fraudulent motor claims rings, thereby disrupting the financing of organised crime in Malaysia; the ultimate goal being to ensure that any cost of fraud is not passed on to the consumer. Wheth