How do you count what you prevented? What is the value of deterrence? Is a bird in hand worth two in the bush?
The National Insurance Crime Bureau (NICB) is continuing to monitor the impact the coronavirus (COVID-19) is having on consumers, our membership, law enforcement, and our strategic partners. This resource center hosts the latest information surrounding the virus and what is happening in our states from a fraud perspective.
As the world continues to navigate the impacts of COVID-19, the potential exists for bad actors to look for ways to target consumers and the insurance industry. We should all be on the lookout for crooked physicians, attorneys, and patients attempting to commit insurance fraud by submitting false and exaggerated medical claims. We should also be aware of possible scams involving business interruption, online hackers looking to steal critical personal data, and other efforts to commit insurance fraud. We know these are just a few of the potential scams, and we no doubt could see many more in the coming weeks and months.
NICB remains vigilant and engaged with our law enforcement partners around the nation. We will continue to track potential fraud trends in the coming weeks and keep our members informed on the latest developments.
If you see a trend, please reach out to your NICB points of contact.
ARKHOS Data Fusion with NICB Stream allows insurance and law enforcement special investigation units to instantly find hidden links between entities from several data sources at once, organized into one detailed report. ARKHOS Data Fusion uncovers suspicious patterns, concealed relationships from several background sources at once; thereby, cutting down on SIU analysts' valuable time and saving you time and money!
Connect with us (Booth 103) and learn how Globlue, in partnership with NICB launches NICB+. A real time Stream available on ARKHOS Data Fusion that applies Identity Resolution capabilities to NICB datasets, allowing insurance companies to perform live searches using ARKHOS Advanced Analytics across NICB, internal claims data and external sources.
If you are already familiar with ARKHOS
& would like to schedule a free demo click here.