“Our partnership with BAE Systems is founded on enabling an efficient fraud detection process for insurers and their customers.”
Becky Mattick, Vice President, Global Solution Alliances, Guidewire Software
BAE Systems is excited to announce its upcoming NetReveal add-on for integrated fraud prevention. Seamlessly integrated with Guidewire’s ClaimCenter, the platform P&C insurers trust to engage, innovate, and grow efficiently, the NetReveal add-on will deliver:
Faster fraud detection: Accelerating accurate decision-making, BAE Systems NetReveal ClaimCenter add-on will provide a holistic, dynamic view of customer risk by tracking, integrating and analysing data from across the entire customer (and third-party) lifecycle.
Reduced claim-processing time: Fully integrated within existing ClaimCenter screens, the NetReveal add-on will automatically deliver real-time customer intelligence from the first notification of loss right through the entire claim settlement process.
A customer-centric approach: Genuine approved claims will be fast tracked for straight through processing, whereas claims where risk thresholds are breached are immediately held for investigation; enabling a zero tolerance to potentially fraudulent claims.
"By combining our 20+ years’ experience with Guidewire’s leading edge platform, we have the opportunity to accelerate change in the insurance market – both in terms of fraud detection and by helping insurers protect their most valuable asset – their customers.”
Robert Harris, Global Product Manager, Insurance Fraud at BAE Systems Applied Intelligence
Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. We combine digital, core, analytics, and AI to deliver our platform as a cloud service. More than 380 insurers, from new ventures to the largest and most complex in the world, run on Guidewire.
About BAE Systems Applied Intelligence:
At BAE Systems Applied Intelligence, we help nations, governments and businesses around the world defend themselves against cybercrime, reduce their risk in the connected world, comply with regulation, and transform their operations. For more information regarding our compliance, fraud detection and prevention solutions, visit https://www.baesystems.com/financialservices/
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