One Call Insurance Switches to LexisNexis® Risk Solutions and Increases Fraud Detection Rate by ~60%
One Call Insurance Switches to LexisNexis® Risk Solutions and Increases Fraud Detection Rate by ~60%
4 PagesCASE STUDY COMPANY One Call Insurance REQUIREMENTS • Reduce fraudulent new policy applications. • Reliably detect ghost brokers and organized fraud rings. • Streamline the fraud review process. • Reduce fraud losses. SOLUTION By switching to LexisNexis® ThreatMetrix®, One Call Insurance was able to leverage global shared intelligence relating to an applicant's true digital identity. BOTTOM LINE • The ThreatMetrix solution has increased the fraud detection rate by approximately 60 percent compared to the incumbent device-based fraud solution. • One Call Insurance has earned the reputation as one of the top anti-fraud brokers in the UK. • A more proactive, streamlined approach to detecting high-risk cases. • Reduced exposure to third-party liability on fraudulent policies, as well as re
