The first phase will enable insurers to order and receive Quick Time motor vehicle reports from 36 states and Washington, D.C. Information from the repository can be obtained through host-to-host transmissions and the ISO ClaimSearch secure Internet platform. ISO ClaimSearch is launching the new service in two phases. 61 of insurers say organized fraud is increasing, according to the Coalition Against Insurance Fraud. ISO will then send Risk Responses and Alerts that will display. When enabled, claims will be automatically reported to ISO via XML once the newly created claims meet the validation of ISO’s data requirements.
#CLAIMSEARCH NETMAP SOFTWARE#
The software quickly evaluates claim information, public records, and other data to reveal patterns indicative of fraud. ClickClaims offers automatic reporting with the implementation of the ISO ClaimSearch optional feature. ISO ClaimSearch is a cooperative effort of more than 2,000 insurers, 1,000 self-insured entities, 450 third-party administrators, state workers compensation insurance funds and other organizations. NetMap’s advanced analytics greatly enhance the SIU’s ability to discover fraud rings within their company’s claims. property/casualty industry by premium volume use the system. Insurers representing more than 94% of the U.S. Jersey City, N.J.-based ISO's ClaimSearch insurance claims repository holds more than 429 million claim records and third-party information.
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NetMap then reveals connections among seemingly unrelated entities that can indicate fraud, such as parties with multiple addresses, telephone numbers, vehicles and claims, and graphically depicts those relationships. The system analyzes internal and external claims fraud by analyzing data in insurers' internal databases and the ISO ClaimSearch and Decision Net public records databases. It also provides a new presentation tool, mapping capabilities, National Insurance Crime Bureau alerts and query functions for ISO ClaimDirector rules-based claim scoring system, which distinguishes between valid and potentially fraudulent claims. NetMap for Claims Version 4.5 offers investigators direct access to ISO ClaimSearch Decision Net public records data. has enhanced its NetMap for Claims software, adding functions to provide more robust search capabilities to claims investigators. JERSEY CITY, N.J.The Insurance Services Office Inc.