Hidden Costs of Fighting Insurance Fraud

I've been involved in fighting insurance fraud for 25 years, and without a doubt the most asked question I have been asked is "what is the cost of insurance fraud." It is a complicated question to answer and even the best research and the top fraud fighting organizations have a hard time coming up with a precise number. Recently the Coalition Against Insurance Fraud led a study that provided a new cost estimate across all lines of insurance business of $308.6 billion annually.

In my new article in the International Association of Special Investigation Units (IASIU) SIU Today Winter 2022 magazine I address the cost and impact of insurance fraud, hidden costs, metrics and measurement of insurance fraud and ROI on investment of fraud fighting solutions.


Happy to hear your thoughts

Join the 12 Days
of Christmas
Badge Hunt!
Learn More