Prevention of Insurance Frauds (General Insurance)
This course covers how to prevent fraud from happening, how to detect fraud, the tools to investigate fraud, and how to gather a case for prosecution. This course gives professionals working in the insurance industry the ability to protect their organization from internal fraudulent activity such as Agent/Broker premium diversion, re-insurance fraud and rented asset schemes. It also covers external fraud activities such as fake insurance companies, offshore/unlicensed internet companies, staged auto accidents, viaticum and senior settlement fraud
Course Objectives
- Define the role of ethics in insurance fraud prevention
- Distinguish the nature and types of insurance fraud
- Set up fraud prevention methods for the organization