The total cost of insurance fraud (non-health insurance) is estimated to be more than $40 billion per year in the U.S. That means insurance fraud costs the average American family between $400 and $700 per year in the form of increased premiums. Insurers must protect themselves against the increased risk of insurance fraud by integrating an adequately robust combination of fraud detection tools to safeguard the billions at stake.

Return on Investment (USD)

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