Insurance Fraud and Weapons to Fight Fraud
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| Description: | This anti-fraud training will help you understand the concept of insurance fraud and the use of red flags. Attendees will learn the various weapons to fight against fraudulent activities. Why Should You Attend: Although insurance fraud has existed since the first policy was scratched on a clay tablet in ancient Sumeria, it has grown logarithmically. Insurers have attempted to manage the exposure to insurance fraud for centuries; the active insurer/police agency combination to reduce insurance fraud is relatively new. The use of Special Investigations Unit (SIU) fraud investigators and the weapons provided by statute and professional fraud investigators is bearing fruit. More fraud perpetrators are being charged and convicted of the crime of insurance fraud. Unfortunately, the number is still small and the dollars stolen by fraud seem to grow each year. It is incumbent, therefore, on all insurance company management; insurance claims personnel, insurance underwriting and sales personnel, private investigators and independent counsel understand insurance fraud and the weapons to fight fraud if a bigger dent is to be made in the amount of insurance fraud stolen from the insurance buying public. This webinar highlights the multi-billion dollar crime that bleeds the insurance industry of potential profits. It explains what insurance fraud is, various methods by which insurance fraud is perpetrated, and the various weapons provided by statutory law, legal precedent and professional claims handling to work to reduce the amount stolen by fraud perpetrators. It explains the use of red flags or indicators of insurance fraud and the use of an insurance company SIU to gather the evidence necessary to assist in the defeat of insurance fraud. Areas Covered in the Webinar: -The meaning of insurance fraud. -The statutory weapons available to reduce fraud. -The common law weapons available to reduce fraud. -Immunities available to insurers who report fraud. -The red flags of fraud. -The effective use of the SIU. Who Will Benefit: -Insurer Claims Executives -Insurer claims representatives -Independent Insurance adjusters -Insurer SIU investigators -Insurance agents and brokers -Certified Fraud Examiners -Operational Risk Managers -Insurance coverage lawyers -Insurance claims lawyers -State or local police insurance fraud investigators -Prosecutors |
| URL: | http://www.complianceonline.com/ecommerce/control/trainingFocus/~product_id=703153?channel=telesemin |
| Date: | Monday, October 28, 2013 |
| Time: | 2:00pm-3:00pm UTC |
| Duration: | 1 hour |
| Access: | Public |
| Category: | Business*, Finance*, Webinar* |
| Created by: | Public Access |
| Updated: | Thursday, September 26, 2013 8:45am UTC |
| : | 199 |
| : | +1-650-620-3915 |
| : | referral@complianceonline.com |
| : | Referral |
| : | +1-650-620-3915 |
| Comments: | None |