The Future Envisioned: Building a Platform for Digital Insurance 2. The NetmapNetDeviceHelper class supports the configuration of a NetmapNetDevice. This netmap file descriptor must be associated to a real ethernet device in the host machine. NYCM Insurance is showing real industry leadership combating fraud.” The fd-net-device module provides the NetmapNetDevice class, a class derived from the FdNetDevice which is able to read and write traffic using a netmap file descriptor. “We’re really excited to have NYCM join hundreds of other insurers, self-insureds, and third-party administrators that are using our antifraud analytics to help process meritorious claims faster across all lines of business. “Additionally, our continued investment in NetMap provides next-generation capabilities to quickly identify and understand the dynamics of organized fraud networks,” adds Martins. “ClaimDirector indicates why the claim triggered potential fraud indicators, guiding investigative direction.” “We evolved ClaimDirector to provide adjusters and SIU teams with a better way to access real-time insights based on our industrywide claims database,” comments Carlos Martins, VP and general manager, ISO ClaimSearch Solutions, Verisk. NetMap will allow for insights into complex and emerging organized fraud activity within and between claims, according to the vendor.Ĭarlos Martins, VP, General Manager, ISO ClaimSearch Solutions Group, Verisk Insurance Solutions. ClaimDirector is delivered through the new visualized ISO ClaimSearch platform, so customers can implement the solution with minimal IT involvement. Verisk says that ClaimDirector can help NYCM Insurance to fight fraud proactively through features such as a business intelligence dashboard, triage page, interactive key claim information, and a visual prior-loss timeline. NetMap provides capabilities that help identify fraud ring networks and other critical connections among a company’s claims and industrywide loss history data. “We identified ClaimDirector and NetMap as the right solutions in our fight against fraud.”ĬlaimDirector identifies fraud indicators at first notice of loss for incoming claims, and the system updates when new information is added, according to Verisk’s description of the product. “We wanted the ability to identify potentially fraudulent claims quickly and accurately,” Jim Potts, VP of SIU, NYCM.
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