Business challenge

• Insurance company faces many possibly fraudulent and abnormal transactions but does not have the resources to investigate them all
• Fraud cases missed

Solution

• A Machine Learning Solution utilizing multiple data sources for the accounts, customers and transactions to identify fraudulent cases, with a given tolerance for false alarms
• Certain patterns that suggest fraudulent transactions identified

Business benefit

• Many more fraudulent transactions caught
• Patterns identified used to set up investigative steps to prevent certain kinds of fraud in the future