A trial: IFiHUB Member Submission Proactive Network Reports
IFB is continually striving to find new ways to utilise the industry data available in our systems to proactively identify fraud. As such we were pleased to run a pilot, trialling a new intelligence product with members. The new IFiHUB Member Submission Proactive Network Reports will use analytical models developed by IFB to analyse IFiHUB Member Intelligence Submissions (MIS) and IFB Exploration to identify networks directly linked to fraudulent entities.
The new reports will help identify recent claims and policy activity directly linked to suspicious entities uploaded to IFiHUB. IFB will analyse the live MIS data to identify continuing, potentially fraudulent activity associated with these suspicious entities, and uncover potential new fraudulent networks to disrupt.
The reports follow the same format of IFB Proactive Networks Reports and members can provide feedback to the new reports in the same way.
The pilot will run for three months which will be followed by a review to understand the value to members and ways to improve the product. Member involvement in this process is encouraged and IFB will be holding a workshop to understand member views.