PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: SAS Institute, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

SAS® Helps Mexican Auto Insurer Boost Customer Service, Fight Fraud - Quálitas optimizes claims process with analytics, gains competitive advantage - SAS.com
SAS® Helps Mexican Auto Insurer Boost Customer Service, Fight Fraud

 

NewswireToday - /newswire/ - Cary, NC, United States, 2014/07/07 - Quálitas optimizes claims process with analytics, gains competitive advantage - SAS.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Insurance/Risk Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

In the highly competitive insurance market, customer satisfaction and loyalty can help insurers gain an advantage against competitors. Leading Mexican auto insurer Quálitas, known for superior customer service, will be using anti-fraud software from SAS to hone that edge by safeguarding both the company and its customers from suspect activity. With SAS® Fraud Framework for Insurance, the insurer will detect and prevent fraud early to reduce costs and optimize claims handling.

With its new SAS fraud platform, Quálitas expects to prevent big losses through timely detection of suspect activity and by integrating extensive data to zero in on suspects. And by reducing false positives, SAS frees investigators to focus on fraudulent claims with the most impact on the business, which increases efficiency.

“SAS technology delivers a single view of our customers and helps us capitalize on our data to improve fraud detection and prevention,” said René Abdala Mirwald, Director of Strategic Planning and Operational Efficiency at Quálitas. “As a result, we’ll continue generating quality customer service.”

Using SAS Fraud Framework for Insurance, Quálitas will accelerate the claims payment process by quickly identifying suspicious claims and promptly serving legitimate ones, keeping customers satisfied. SAS will help the insurer evaluate all claims using consistent statistical and analytical criteria, rather than depending on an individual adjuster’s experience or instinct to identify suspicious activities.

With SAS, Quálitas expects to discover more organized fraud rings across business lines and deter fraudsters from targeting the insurer.

“First, we will use SAS to decrease fraudulent insurance claims. We then plan to implement it internally to further reduce costs while nurturing our customers’ loyalty,” said Abdala.

“Research shows that up to 20 percent of claims may be fraudulent,” said Raquel Guillot, Fraud Domain Expert at SAS. “That makes insurance fraud a worldwide problem with a huge financial impact, both on an insurer’s bottom line and as an impediment to competitive rates. Since fraudulent claim payments are so costly for the business and its policyholders, Quálitas is leading the way by deterring criminal activity in Mexico.”

Discover how analytics can help you prevent underwriting fraud.

About Quálitas

Quálitas Compañía de Seguros, S.A. de C.V., specializes in auto insurance, with coverage throughout the Mexican market. Founded in 1993 by Mexican investors in 1993, Quálitas Latin for “quality” is committed to maintaining the highest levels of quality care and service in auto insurance, relying on the experience of managers, agents, adjusters and qualified personnel. The company’s motto,"The New Generation of Automotive Insurance," is reflected in innovative products that meet the varied safety and security needs of customers and, above all, providing effective and friendly service to in all matters related to auto insurance.

About SAS

SAS (sas.com) is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions, SAS helps customers at more than 70,000 sites improve performance and deliver value by making better decisions faster. Since 1976 SAS has been giving customers around the world THE POWER TO KNOW®.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Insurance/Risk Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: SAS Institute, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Insurance/Risk Management articles,
CATCH Visitors via Your Competitors Announcements!


SAS® Helps Mexican Auto Insurer Boost Customer Service, Fight Fraud

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

SAS | Quálitas Compañía
Publisher Contact: Kris Balic - SAS.com 
919-531-0624 Kris.balic[.]sas.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any SAS Institute, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Insurance/Risk Management via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From SAS Institute, Inc. / Company Profile


Read Insurance/Risk Management Most Recent Related Newswires:

SCOR Named 'Life Reinsurer of the Year 2016' by Asia Insurance Review
SCOR is Named 'North American Life Reinsurer of the Year 2016' by Reactions Magazine
Wunelli Evolves Driver Signature to Take Telematics Apps to Next Stage of Growth
LexisNexis Risk Solutions to Provide Mobile Telematics for Nationwide’s SmartRide Program
LexisNexis Risk Solutions Elevates Insurance Customer Experience with New Active Risk Management Solution
LexisNexis Risk Solutions Launches First Contextual Telematics Insurance Model in U.S.
Resolver’s Perspective™ Incident Management Software Now Fully Integrated with Software House C•CURE 9000 Security and Event Management Solution
PPM 2000 Joins Forces with Resolver
LexisNexis Launches LexisNexis Intelligence Exchange in India for Life Insurers
LexisNexis Risk Solutions Announces New Relationship with Ellie Mae
LexisNexis Claims Datafill Accelerator Receives Ready for Guidewire Designation
Norfolk Police Department Adopts LexisNexis Citizen Crime Reporting Solution
Relevant Healthcare Becomes Preferred Vendor for NASHCO
A.M. Best Provides Further Recognition of SCOR’s Financial Strength SCOR Group
Handshake Software Integrates LexisNexis Digital Library with Microsoft SharePoint Portal & Search

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)