ISO Releases V4 of Fraud Analysis Software

Insurance Services Office, Inc. (ISO) has introduced a more robust version of its NetMap for Claims[TM] data-analysis and visualization software for identifying and combating fraud. NetMap for Claims Version 4.0 sifts through vast amounts of data to "sniff out" hidden connections among claims that share common characteristics, such as names, Social Security numbers and vehicle identification numbers. NetMap for Claims can access data from insurers' internal databases as well as the ISO ClaimSearch[R] antifraud database system. The visualization technology underlying NetMap for Claims quickly...