New drive for curbing fraud in motor and automobile insurance claims

Najm for Insurance Services and SAS

Najm for Insurance Services and SAS, the leader in the market of analytics as well as anti-fraud technologies, has recently signed an agreement for countering and reducing fraud in motor and automobile insurance claims.

The SAS director, Abed Hamandi, for professional services as well as delivery in Africa and the Middle East, said that the Insurance fraud was becoming increasingly sophisticated and advanced. He said that this reality demanded that insurers proactively make a change in their methods of investigation.

He said that these advanced solutions would help the service providers to mitigate the risk and also concentrate on streamlining the claims via automation, artificial intelligence, and machine learning. He added that SAS has always been placing great emphasis on security and applications, especially for the sector of financial services that are most at risk.

Their partnership with Najm would mean that it could be safe from the risks of fraudulent claims, and that their customers could get a much safer, and more user-friendly experience with a complicated solution along with the best possible professional service.

Najm has been trying to improve their efficiency in fraud identification, speeding up the resettlement of the claims and better being able to develop alerts by making use of the latest technologies.

Utilizing Artificial Intelligence and technologies of machine-learning, SAS shall be automating the aspects of the claimant profiling of Najm, and shall also be aiming to complement the already existing manual processes for detecting fraud via behavioral responses and risk patterns that are assessed automatically.

Shreyas Tanna

About Shreyas Tanna

The winner of Mr. Pune 2009 Pageant, Mr. Shreyas Tanna is currently the young, dashing, and dynamic CEO of a market research company called Research N Reports in Pune. Fondly known as RNR, the company specializes in market research as well as industry analysis, and is closely associated with its parent company Absolute Markets Insights (AMI). Mr. Shreyas Tanna began his corporate journey as the Head of Corporate sales & PR at RED Entertainment while pursuing his degree for MMS (Marketing) from the MGM College of Management, Mumbai. After accomplishing the tedious task of balancing his work and education, he further polished his skills in Corporate Sales, Public Relations, Channel Development, Global Client Engagement, Strategic Consulting, and Brand Development by working with HDFC Life and ResearchMoz Global Pvt. Ltd. His dedication towards his work has even won him accolades such as the National Level Performer 2013 – HDFC Life and Mr. ResearchMoz 2015. A disciplined individual with a loving heart, he is often seen taking crisp walks with an engrossed look and a gentle smile within the premises of his company to interact with the various departments. And he will be usually followed by an adorable trail of his beloved trio of Shih Tzu babies proudly known as Gucci, Drake, and Paris. The most enticing thing that you will notice about this content and proud pet parent is his infectious positivity and the firm belief in his eyes, a reflection of his favorite quote, “LIFE IS BEAUTIFUL!”

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