Insurance fraud is often detected after a claim is filed, a payment fails, or losses have already occurred. But it doesn’t have to be that way.

Leading insurers are shifting fraud detection earlier in the lifecycle using a simple 3-step approach:

• Verify identity upfront to stop synthetic fraud before policies are issued
• Monitor risk continuously with network intelligence
• Validate claims with transaction data to reduce soft fraud

By combining identity verification with real-time network and transaction data, insurers can catch more fraud before it enters the workflow.