Enhancing personal injury fraud detection
Sherlock Alert is the cutting-edge solution designed with input from clients and following proof of concepts with leading UK insurers and compensators. It supports users in navigating regulatory landscape for personal injury claims, enabling them to gather evidence and consider their position on fault within 30 business days.
Sherlock Alert uses the information exchanged between an insurer/compensator and the Compensation Recovery Unit [CRU] combined with data sources from CRIF’s ID verification tool, Sherlock Alert automatically detects when the claimant’s National Insurance Number [NI] may have been altered to commit fraud. Unlike other algorithms, the accuracy comes from checking actual NI numbers, making it a unique and game-changing tool in the market.
Sherlock Alert is an extension to Sherlock Investigation, CRIF’s counter fraud solution. Used by around 100 insurers, it automates the fraud investigation process by notifying the fraud prevention team. This removes any ‘overlook risk’ arising from reliance on manual notification by the claims handler, saving valuable time and boosting the investigation process.