Insurance Fraud Detection Market Size- KBV Research
The Global Insurance Fraud Detection Market size is expected to reach $10 billion by 2025, rising at a market growth of 26.6% CAGR during the forecast period. Insurance fraud takes place when an insurance company, adjuster, agent, or consumer commits a measured fraud to get an unlawful gain. Frauds can also occur when the process of buying, using, selling or underwriting insurance are ongoing. An insurance fraud can be categorized under different kinds of frauds, for example, from fraud against consumers to fraud against insurance companies. Insurance fraud has been evaluated at over a hundred billion dollars every year. It imposes costs on insurance companies and threatens their competitiveness along with financially destroying the customers, economy, and society as a whole. Full Report: https://www.kbvresearch.com/insurance-fraud-detection-market/
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