In Celent’s first three SolutionScape assessments analysing anti-fraud solutions across insurance market categories, SAS is praised as an insurance fraud detection luminary.

The research and consultancy company examined the fraud detection products offered by a total of 13 vendors in three markets, assessing each one’s level of cutting-edge technology and scope of functionality.

In all three of Celent’s Insurance Fraud-Detection Solutions, 2022 Edition reports, SAS was notably the only vendor to receive the Luminary designation:

In all three insurance market areas, only SAS is designated as a Celent Luminary for fraud detection.

As the only vendor to be recognised a Luminary in all three publications, Celent praises SAS for being “…at the vanguard of insurance analytics.”

According to Andrew Schwartz, Insurance Analyst at Celent, “Insurers’ fraud technologies have moved from deploying scenarios to identify individual frauds to showing fraud patterns based on prior fraud to identifying fraud in real time.” The engineering competence and broad application seen in SAS’ anti-fraud services “confirm why SAS remains at the vanguard of insurance analytics – and the only vendor to be named a Luminary in all three publications” amid the industry’s “accelerating digital revolution.”

Source: Prnewswire