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What is WizRule?

WizRule is a sophisticated data-auditing tool that automatically identifies patterns within datasets and highlights instances that stray from these norms as potential frauds or errors. Any instance that raises suspicion is one that significantly diverges from the recognized patterns established by the software. This tool is invaluable for auditors, fraud examiners, forensic investigators, and data-quality managers, whose primary objective is to detect fraudulent activities and data discrepancies. WizRule enhances their ability to achieve this goal effectively. As a data-auditing software leveraging advanced data mining techniques, WizRule conducts thorough analyses to pinpoint inconsistencies within the data. The operation of WizRule is seamless; the user only needs to select the dataset for examination, and the software takes care of the analysis. It explores all interrelationships among the various fields and highlights any unusual or improbable cases. By doing so, WizRule uncovers fraudulent activities that traditional auditing methods may overlook, ensuring a more comprehensive review of the data. Its automated nature not only saves time but also increases accuracy in identifying potential issues.

What is NetMap?

Reveal the hidden connections and relationships among claimants, providers, and businesses to aid in identifying systemic insurance fraud. The advanced analytics provided by NetMap significantly enhance the Special Investigations Unit's ability to discover fraudulent networks within their claims. This software quickly analyzes claim information, public records, and other relevant data to reveal trends indicative of fraudulent activities. Equipped with powerful analytics and visualization capabilities, SIU analysts can rapidly pinpoint intricate patterns of deceit. By transforming what typically takes weeks of investigation into mere hours, NetMap not only boosts the efficiency of organized claims fraud investigations but also speeds up the transition from detection to referral, leading to a more effective strategy for tackling fraud. Furthermore, employing these analytical tools results in better-informed decision-making and contributes to improved outcomes across the insurance sector, fostering a more secure environment for all stakeholders involved.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

one time licensing fee
Discount for multiple licenses.
License fee includes one year maintenance program (MP); MP includes technical support trough email and software upgrades.
Option to continue MP after the first year.
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

Windows

Supported Platforms

SaaS
Windows

Customer Service / Support

Standard Support

Customer Service / Support

24 Hour Support

Training Options

Documentation Hub

Training Options

On-Site Training

Company Facts

Organization Name

WizSoft

Date Founded

1983

Company Location

Israel

Company Website

www.wizsoft.com/wizrule/

Company Facts

Organization Name

Verisk Analytics

Date Founded

1971

Company Location

United States

Company Website

www.verisk.com/insurance/products/netmap-analytics/

Categories and Features

Audit

Alerts / Notifications
Audit Planning
Compliance Management
Exceptions Management
Risk Assessment
Workflow Management

Fraud Detection

Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Pattern Recognition

Categories and Features

Fraud Detection

Check Fraud Monitoring
Custom Fraud Parameters
For Insurance Industry
Internal Fraud Monitoring
Investigator Notes

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