OVERVIEW: Admiral Motor
Fraud management organizations need to adapt daily to stop the fraudsters. Admiral Motor is on-premise solution for motor and property insurers, which offers the flexibility and clarity needed by fraud investigators in their daily operations. Carefully structured and always up-to date fraud indicators offer an immediate understanding of suspicious events, displaying all the relevant information needed for the investigators. Admiral Motor is also pushing the limits of smart identification with its social network visualization, offering the investigators an insight into the relationships between various entities. The solution helps investigators to manage the investigation case from detection to savings and offers managers full control over the process. It empowers managers with information to quickly eliminate potential bottlenecks and makes reporting and planning easier. Staged accidents, false cases, claims farming, build-ups, etc. will soon become issues of the past. Admiral Motor is a complete fraud management solution with extremely high return on investment.
The software has been built specifically for insurance fraud management teams and fits the process perfectly. There is no need for adaptation, since there is an ergonomic user environment and we will make sure you will get to know the tools through our effective training program. It is a web application, so you just open it in a selected browser and start working.
Insurance industry specialization and superior product design makes Admiral Motor the solution, which gives insurers fast results. By combining this fact with our fair pricing model, you will get a solution with extremely high return on investment.
Admiral Motor is a complete on-premise fraud management solution, which enables the utilization of the existing infrastructure and IT resources, as well as the integration with other information systems (claims management system, document management system, database, etc.).
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Complete on-premise insurance fraud management solution
Admiral Motor supports the whole fraud management process from detection to savings. It combines different intelligent methods, in-depth expert knowledge, hundreds of fraud indicators to detect fraudulent claims and assesses the fraud risk in the underwriting stage. It enables proactive detection of insurance fraud. The tool automatically prioritizes the suspicious cases and aids investigator to effectively manage electronic investigation file from detection to investigation, and from investigation to saved money. It will give fraud department managers and claims managers a full overview of the effectiveness and efficiency of the team, enabling them to quickly resolve potential bottlenecks, to report directly from the tool and to correct forecastings.
The on-premise solution enables an easier integration with insurers’ IT systems such as claims management systems, document systems, databases, data warehouses, etc.
A national fraud detection system for fraud in motor insurance was implemented by the Slovenian Insurance Association and is available to all of its members since 2010. The solution automatically and proactively analyzes the information and if suspicious claims are detected it alerts insurance companies, which need to be involved.
Slovenian Insurance Association
We are using Admiral in a private cloud. Now we are able to successfully prevent and detect insurance fraud. It is intuitive and easy to use, and it helped us return the investment 6 times in first year of use.
Boris Peršak, Senior investigator