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Insurer Saves $2.4 Million in Fraudulent Claims

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IBM today announced that Santam, South Africa’s leading short term insurance company, has saved $2.4 million on fraudulent claims in the first four months of using IBM business analytics software. The analytics software has enhanced Santam’s fraud detection capabilities and also enabled faster payouts for legitimate claims. “IBM and OLRAC-SPSolutions have helped us build a […]