Return on Investment
Please fill out the following fields to know the return on investment.
"Insurers remain committed to paying all genuine claims as quickly as possible, and strive to acheive a balance between investigating potential frauds and ensuring that genuine claimants do not face delays as a result. Fraudulent claims and the cost of investigating suspected frauds lead to higher premiums for honest customers"
- Insurance Europe (the European insurance federation).
Fraud is estimated to represent up to 10% of all claims expenditure in Europe, according to Insurance Europe (the Eropean insurance and reinsurance federation). 10% at your insurance company adds up to:
1: Annual Settlement Payments
Enter the insurance company's annnual settlement payments
2: Estimated fraud in %
Enter the insurance comapnny's estimated fraud in %, e.g. between 5-15%
Expected annual fraud in EUR
Based on your numbers, the expected annual fraud per year in your organization total at:
3: Enter the amount of claims where the claim documents are digital in %
Potential discovering of fraud in EUR
4: Out of claims with digital claim documents, enter the % that are below a 2,000 threshold
Estimated fraud on claims below 2000 EUR
5: Enter the amount of fraud below EUR 2000 that can be stopped by FDS in %
Estimated annual improvement in fraud below EUR 2,000
6: Other annual cases of fraud above EUR 2,000 in %
Estimated total on annual fraud above EUR 2,000
7: Enter the amount of fraud above EUR 2,000 that can be stopped by FDS in %
Estimated annual improvement in fraud over EUR 2,000
Total improvement with FDS
Annual FDS subscription
Return on investment / EUR
Payback time / Workdays (265)
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