IIPM Think Tank Prasoon S Majumdar on Cashing on Claims
The frauds in the insurance are nothing new but what is new is the alarming rate at which it has been growing over the past few years. The frauds range from clients’ registration through reinsurance to claims – which at times have been engineered by causing intentional loss of insured assets. The bottom line is that these frauds cost the insurance companies more than otherwise.
View full press release