Cost savings passed on to the customer
The technology has never been ready to enable the sharing of claims data between insurers while respecting business and customers' privacy. This just changed.
ClaimShare does not require any changes to the insurer's front, middle or back office systems. The platform integrates with claims handling systems and insurers' back office systems using simple APIs.
Don't take our word for it, test it! ClaimShare enables insurers to backtest data immediately without the need for any integration or deployment. Contact our sales team below and learn how many payouts could have been prevented by using ClaimShare.
Almost 10% of insurance claims are estimated to be fraudulent, from which 5 to 10% are instances of double-dipping fraud. Therefore, double-dipping is estimated to cost insurers $5-10 billion each year, resulting in increased premiums for customers
ClaimShare offers the first opportunity for insurers to collaborate with one another to enhance their fraud detection systems while preserving both business and customer privacy