CHICAGO--(BUSINESS WIRE)--
CNA insurance companies announced that it will use SAS Fraud Framework
for Insurance to help in its fight against fraud. Developed by SAS, the
SAS Fraud Framework for Insurance will assist in fraud prevention by
facilitating the detection and prioritization of suspicious claims in
order to help protect legitimate policyholders and claimants, with the
goal of keeping CNA one step ahead of criminals.
"We have long believed that the future of fraud detection is information
intelligence,” said Tim Wolfe, director of the Special Investigations
Unit at CNA. “Identifying fraud one claim at a time continues to be
important, but being able to detect and react to organized networks
perpetrating fraud across multiple claims, jurisdictions and lines of
business is where we can have the biggest impact.”
Serving businesses and professionals since 1897, CNA is the country’s
seventh largest commercial insurance writer and the 13th
largest property and casualty company. CNA’s insurance products include
standard commercial lines, specialty lines, surety, marine and other
property and casualty coverages. CNA's services include risk management,
information services, underwriting, risk control and claims
administration. For more information, please visit CNA at www.cna.com.
CNA is a registered trademark of CNA Financial Corporation.
Source: CNA
Contact:
CNA
Katrina W. Parker, 312-822-5167