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Malaysian Insurers Collaborate Against Fraud

Malaysian insurance market cracking down on fraud with BAE Systems
Case Study: Malaysian Insurers Collaborate Against Fraud
Motor insurers are often regarded as acceptable targets for both opportunistic fraud and organized criminals funding crime by crashing cars or staging accidents for cash.
The Malaysian insurance industry is currently working on a Fraud Intelligence System initiative to combat Insurance Fraud. The ultimate goal is to ensure that any cost of fraud is not passed on to the consumer in the form of premiums.
After evaluating many providers in the market, BAE Systems was selected as a strategic partner for this endeavor. In order to support Malaysia’s aggressive approach to disrupting and preventing organized motor claims, we’ve leveraged our decades of experience in providing national-scale detection and investigation technology and analytics to root out the most difficult-to-find criminals.

Want to find out more? See the challenges faced, the business transformation and the technical benefits: