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RISE IN FRAUDULENT INSURANCE CLAIMS BY NEXUS

Few months ago, a racket was busted by Police somewhere in the Southern district, wherein five fraudsters were arrested on charges of being involved in fraudulent life insurance claims by killing people and projecting the deaths as due to road accidents. They used to deliver forceful blows on the chest ...
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KEY MODUS OPERANDI USED BY THE NEXUS IN RECENT TIMES

In the previous blog, there was an intro to the fraud insurance claims, case studies and also on the police measures were covered. Today’s blog focusses the critical aspects on the Modus Operandi by the Nexus in the recent times. This knowledge guides to build a robust fraud control framework. ...
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KEY IMPACT OF FRAUDULENT CLAIMS BY NEXUS

In the previous two blogs, it was discussed in detail regarding the intro to the fraud insurance claims and also the modus operandi involved. Today’s blog focuses on the key Impact happening due to such frauds over the policyholder. Key Impact due to such frauds are summarized as follows: Increase ...
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WAY FORWARD TO HANDLE FRAUDULENT CLAIMS BY NEXUS

In the previous blogs, we stressed upon the concern of rise in fraudulent claims, wherein involvement of Nexus is at the forefront. Also, tried to put focus on theirkey modus operandi to commit such frauds and various impacts because of that. Today’s blog focuses majorly on the way forward to ...
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CONCLUSION

First and foremost, on behalf of FACTpace – we would like to share our warm Thanks for giving us the patronage in making this series of awareness a wonderful success. We at FACTpace, are in place to keep sharing content and also available for discussion to fight against Frauds. It ...
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