SOMETIMES ATTACK IS YOUR BEST FRAUD DEFENCE STRATEGY: THE INSURANCE INDUSTRY'S 5 RINGS OF FRAUD PROTECTION!
About The Course
The principles of fraud detection and prevention are explained aiming at keeping the entire insurance market free from distortion and each insurer committed to fight relentlessly fraud within its organization. This course will provide you with valuable working tips along the way and in the dedicated Takeaway sections.
DAY 1
The program highlights robust anti-fraud measures in its practical fraud management section entailing highlights of predictive fraud analytics solutions and tools to fight fraud in real case studies.
DAY 2
Highlights robust anti-fraud measures under the umbrella of a strategic fraud protection framework that emboldens the fight against fraud on regulatory, corporate and operational levels
Key learning Objectives
At the end of the course, participants will be able to:
• Understand and apply the mechanisms of the 5 rings of the Insurance Industry’s 5 Rings of Fraud Protection • Understand the key suites of leading predictive fraud detection and prevention analytics software solutions • Gauge the extent of fraud losses and saving potential through robust fraud protection processes in Life and Non-Life industries • Acquire practical anti-fraud knowledge through real case studies • Formulate its own Fraud Charter
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Key Course Contents
Day 1 • Overview of fraud protection– practical management principles • Introduction of Sophisticated Predictive Fraud Analytics Software • Introduction to Robust Fraud Management Process • Case Studies on Fraud and Predictive Fraud Analytics aspects • Summary key tasks of fraud investigators and 3 suites of fraud analytics software Day 2 • Overview of Strategic Fraud Risks Framework • Introduction to key concepts of Fraud Charter, Regulatory Regime and Insurers’ Commitment • Case studies on all concepts • Examination of types of fraud and key elements of fraud with practical examples • Formulate your own Insurance Charter • Analyse fraud aspects of “Slip and Fall Video” • Translate Insurers’ Anti-Fraud Commitment into your own action plan
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Who Should Attend
Claims, Underwriter, Legal and Compliance, Fraud Investigator, PR Communications, Adjuster, Business Head, Procurement, Product Specialist
Fees
Category |
Local Fee (RM) |
International Fee (USD) |
Non-Member (1-2 Pax) |
1870 |
550 |
Group (Non Member) |
1780 |
530 |
Group (Member) |
1615 |
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Member |
1700 |
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