Global Fraud Mitigation (Health Insurance, Vehicle, Disability, Liability, Property, Casualty Insurance, Accident & Insurance) Market in Non-Life Insurance Sector - Trends and Forecast to 2020

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Jan 22, 2015, 08:28 ET

DUBLIN, Jan. 22, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/n7vpn7/fraud_mitigation) has announced the addition of the "Fraud Mitigation Market in Non-Life Insurance Sector - Market Intelligence, General Insurance & Non-life Insurance, Fraud Mitigation, Fraud Analysis, Market Report, Industry Trend, Strategies, Trends and Forecast 2014 -2020" report to their offering.

Fraud is hardly a new phenomenon. In the recent years it has been getting more sophisticated and causing more serious damage. Factors such as increasingly powerful, easily accessible technology and the global economic downturn continue to push the threat in new directions, making it capable of inflicting even more serious damage.

Along with the world economy, the insurance industry has been struggling to meet up with the economic challenges. In such an economic environment, insurance fraud, which cost the industry millions of dollars is pushing the companies into the red. Frauds are driving up overall costs for insurers and premiums for policyholders.

According to an estimate by the FBI, The total cost of insurance fraud in USA (non-health insurance) is estimated to be more than $40 billion per year. That means Insurance Fraud costs the average U.S. family between $400 and $700 per year in the form of increased premiums.

Key Topics Covered:

1. What is the Fraud Detection Technology in the Non-Life Insurance Sector

2. Key Components of Market: Non-Life Insurers, Software for Fraud Detection

2.1. Insurers

2.2. Software developers

3. Challenges in the Market:

3.1. Dynamic Fraud Control

3.2. Accountability with Automated Prevention

3.3. Legal Proof

3.4. To Quantify Return on Investment

3.5. Legislation & Regulation

4. Key Motivator in the Market

5. Competitive Intelligence

5.1. Key Vendors

5.2. Key Users

5.3. Market Growth and Market Shares

6. Sector Analysis: End user analysis

6.1.1. Large insurer

6.1.2. Medium size insurers

6.1.3. Small insurers

7. Application of Market

7.1. Health Insurance

7.2. Motor Insurance

7.3. P&C Insurance

7.4. Industrial Insurance

7.5. Marine

7.6. Others

8. Strategic Analysis of Market Worldwide ($ million), 2013 to 2020

8.1. North America

8.1.1. U.S

8.1.2. Canada

8.2. Europe

8.3. Asia

8.3.1. China

8.3.2. India

8.3.3. Korea

8.3.4. Japan

8.3.5. Australia

8.3.6. Other Pacific

8.4. Row

8.4.1. Latin America

8.4.2. Middle East

8.4.3. Africa

8.4.4. RoW

9. Vendor Profiles

9.1. FICO

9.2. BAE Systems

9.3. Verisk Analytics

9.4. IBM

9.5. SAS

9.6. Emdeon(Blackstone)

9.7. Ingenix(United Health Group)

9.8. ViPS (General Dynamics)

9.9. Medstat (Truven Health Brands)

9.10. Bearing point

9.11. CSC

9.12. Friss Fraud & Risk Solutions

9.13. Innovation Group

9.14. Lexis Nexis

9.15. Panopticon Softwares AB

9.16. Synerscope BV

9.17. Valen Technologies

For more information visit http://www.researchandmarkets.com/research/n7vpn7/fraud_mitigation