frauds in insurance company
Post on 03-Sep-2014
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GOOD MORNING
FRAUDS IN INSURANCE COMPANY.
NAMESADITYA AMBOKARMOHIT AROLKARASHISH SHAHASEEM SOMANI
02 03 37 47
GROUP MEMBERS
ROLL NO.
INTRODUCTION TO INSURANCE FRAUDS
OPPORTUNITY FOR EXPLOITATION
FALSE INSURANCE CLAIMS
INFLATING OF LOSS
CAUSES FOR THE FRAUDS
LOSSES DUE TO INSURANCE FRAUDS
HARD FRAUD
HARD V/S SOFT FRAUD
SOFT FRAUD
LOSS BY F IRE ,THEFT
CRIMINAL RINGS
OPPORTUNISTICFRAUD
POLICY HOLDEREXAGGERATION
TYPES OF INSURANCE FRAUDS
AUTOMOBILEINSURANCE
HEALTH CARE INSURANCE
LIFE INSURANCEORGANISED
CRIME
PROPERTY INSURANCE
PADDING YOUR CLAIMS.
FALSE CLAIMS.
LYING ON YOUR APPLICATION.
FALISIFYING OF DOCUMENTS.
EXAMPLES
METHODS FOR DETECTING INSURANCE FRAUDS
SUPERVISED
FRAUDULA
NTLE
GITIMATE
FALSE CLIAMS
N O N -F R A U DU L A N T
UNSUPERVISED
1. •I N C I D E N T I N I L L I N O I S
2. •I N C I D E N T I N N E W Y O R K C I T Y
3. •I N C I D E N T I N C H I C A G O
REAL EXAMPLE DURING RECENT YEARS
CASE STUDY
CONCLUSION
THANK YOU
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