at Financial Technnology Year
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NetReveal for Insurance Fraud
from BAE Systems Applied Intelligence
End-to-end fraud detection and investigation solution that uses advanced analytics and machine learning to identify potentially fraudulent insurance claims. Features include network analysis to detect fraud rings, real-time risk scoring, investigative tools, and case management capabilities.
Category:
Fraud Detection Solutions
AI-powered tools that identify suspicious patterns, anomalies, and potential fraudulent activities in claims data. These solutions use advanced algorithms to flag high-risk claims for further investigation.
Analysis on right >
Fraud Detection Solutions analysis
Cost & Commercial Flexibility
(9 Yes /9 Known /10 Possible features)
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1. Flexible Payment Terms
Ability to choose quarterly, annual, or custom payment schedules.
Quarterly/annual/custom payment terms can be agreed during contracts according to customer preference.
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2. Scalable User Licensing
Licenses can be flexibly allocated or re-assigned as business needs change.
Licenses are scalable to cover different user groups or business units as needed.
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3. Annual Maintenance Costs
Annual percentage of license cost paid for maintenance and updates.
No information available
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4. Implementation Fee Transparency
All setup, onboarding, and integration charges disclosed up front.
Transparent fee disclosure for implementation, onboarding, and integration is provided in proposals.
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5. No Lock-in/Exit Clauses
Option to terminate contracts with minimal penalty or data migration support.
Standard clauses allow client to exit/terminate contract with limited penalty and reasonable data migration support per contract terms.
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6. Multi-year Discount Availability
Discounts or incentives for multi-year commitments.
Discounts for multi-year contracts have been cited in RFP reviews and vendor Q&A.
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7. Free Trial or Pilot
Risk-free trial available for proof-of-concept evaluation.
Free pilot or trial environments available for qualified prospects.
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8. Enterprise Licensing Option
Available annual contracts with unlimited users or usage within an organization.
Enterprise-wide licensing (annual contracts/unlimited usage) is available.
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9. Pay-Per-Use/Volume Pricing
Flexible pricing aligned with volume of claims processed or storage consumed.
Pay-per-use or volume pricing is available for some clients/regions.
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10. Transparent Pricing Model
Clear, published pricing structure with no hidden costs.
Transparent pricing models are referenced (no hidden costs, clear contracts).
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Deployment, Maintenance & Support
(9 Yes /9 Known /10 Possible features)
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Compliance & Regulatory Support
(10 Yes /10 Known /10 Possible features)
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Scalability & Performance
(5 Yes /5 Known /10 Possible features)
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Security & Privacy
(9 Yes /9 Known /10 Possible features)
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Reporting, Analytics & Insights
(9 Yes /9 Known /10 Possible features)
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User Experience & Accessibility
(7 Yes /7 Known /10 Possible features)
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Integration & Interoperability
(8 Yes /8 Known /10 Possible features)
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Alerting & Investigation Support
(8 Yes /8 Known /10 Possible features)
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Detection Techniques & Algorithms
(9 Yes /9 Known /11 Possible features)
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Data Integration & Ingestion
(8 Yes /8 Known /10 Possible features)
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Publicly available data, summarised using AI.
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