Using Teradata Business Analytics Solutions to Mitigate Fraud

When a property and casualty (P&C) insurance company needed to better understand claims fraud, it engaged Teradata consultants who employed Teradata Business Analytics Solutions. Leveraging the Business Value Framework, which brought together business knowledge, data science and advanced analytic solutions, the consultants made fraud claims detection more effective. As a result, the insurer identifies fraud sooner in the process—before a payment is made.