Case Study: World’s Largest Property and Casualty Insurer boosts fraud detection with BRIDGEi2i Analytics Solutions

Detection of Fraud Claims for a Global P&C Insurance Leader

BRIDGEi2i Analytics Solutions partnered with the world’s largest property and casualty insurer to improve fraud detection in Workers’ Compensation claims. The insurer wanted to proactively identify fraudulent claims and prevent unethical collusion that could lead to future spurious claims.

Using BRIDGEi2i Analytics Solutions’ Claims Fraud Management™ Solution, the team combined structured data with unstructured sources such as loss descriptions and document images, supported by data engineering, NLP, and a web-based interface. BRIDGEi2i Analytics Solutions reported a 30% increase in fraud capture rate, a 20% lift in the model, and stronger fraud detection with 15,000+ merchant locations added and a 40% deduction in first EMI fraud.