Employing the latest technology to protect your interests
Our detailed end-to-end service employs the latest technology to identify and prevent fraud. Through the application of speech analytics, fraud detection is built into every stage of our claims process, from first notification of loss to legal defence. Our experienced teams of desk and field investigators have the in-depth knowledge to handle all manual requirements.
Serving you, your business and your customers
Our belief is that the only people who should pay for fraud are those who are committing it. And at Davies, we are committed to seeing this happen.
Benefiting Clients and Customers
6%+ fraud detection
4 x increase in potential fraud identified
Specialist fraud team 30 full time employees
50+ years’ experience serving the insurance industry
In 2019, Davies was contacted by an insurance client with concerns about the veracity of a customer claim. The day after renewing a policy that had lapsed 10 months earlier, the customer filed a claim for a burglary, totaling £25-30,000. Our investigators and loss adjusters were able to identify a number of serious inconsistencies in the claimant’s report.
Traditional fraud detection is costly, time-inefficient, and not always effective. Searching for an alternative, a regular Davies client asked us to test the effectiveness of automated fraud detection.
Using speech analytics to improve fraud detection and produce cost savings
Every fraudster leaves a trail. Most don’t realise that their language can give them away. With the most advanced speech recognition and analysis technology, Davies can help to protect your business from one of the biggest causes of financial loss.
Using Mass Data Analysis for far-reaching fraud detection
Davies proprietary detection technology employs Mass Data Analysis (MDA) to detect patterns and formulate insurance claim risk profiles, delivering real-time fraud detection. With the ability to be integrated into the claims process, or used as a mass data screening tool, the technology is ready for the new official injury claims portal, and available to protect your business whenever you need it.