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Insurance Fraud Detection Market Share
- Report ID: GMI9509
- Published Date: May 2024
- Report Format: PDF
Insurance Fraud Detection Market Share
IBM & SAS in insurance fraud detection industry held a significant market share of over 25% in 2023. IBM Corporation is a leading player in the market, offering a range of solutions powered by AI, ML, and big data analytics. IBM provides insurers with robust fraud detection capabilities to mitigate risks effectively with its extensive expertise in data management and security. Additionally, IBM's global presence and partnerships with industry leaders position it as a formidable competitor in the market.
SAS Institute Inc., known for its advanced analytics and fraud detection solutions, is another key player in the insurance fraud detection industry. It offers a comprehensive suite of tools that enable insurers to detect and prevent fraudulent activities across various insurance sectors. SAS Institute Inc. delivers tailored solutions to meet the specific needs of insurers worldwide with a focus on innovation and a customer-centric approach.
Insurance Fraud Detection Market Companies
The major players operating in the insurance fraud detection industry are:
- Claims Fraud Detector
- DataVisor
- Experian
- FICO
- Fiserv
- FRISS
- IBM Corporation
- LexisNexis Risk Solutions
- MIBAR.ai
- SAS Institute Inc.
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Insurance Fraud Detection Market Scope
