AEGON chooses Friss fraud detection system

Fraud and risk management are high on the agenda at AEGON.

Undetected fraudulent claims lead to higher premiums for policyholders. To optimize the fraud detection AEGON has chosen the solutions of Friss.

Friss offers extensive opportunities for the automatic detection of possible fraud and bad risks. This allows the AEGON employees to easier identify incidents and act carefully while processing insurance applications or claims. By adding this advanced knowledge base and combining it with databases such as the central information from insurers, Chamber of Commerce, National Office for the roads and Experian. Besides knowledge rules also data mining techniques and risk profiles are used. Their deployment increases the probability of fraud.

The cooperation of AEGON Friss fit in perfectly with the objectives of the Association of Insurers presented "Delta Plan Approach to non-life insurance fraud".