MiWay
CASE STUDY
Comprehensive, Affordable and Flexible Car Insurance
MiWay is a licenced non-life insurer and financial services provider, offering customers a range of non-life insurance products including motor, household, homeowners, business insurance – as well as liability cover.
Project:
Replace the existing fraud investigation tool with the DataWalk programme within a 3-month timeframe.
Project:
Replace the existing fraud investigation tool with the DataWalk programme within a 3-month timeframe.
The Challenge
- MiWay needed to expand and transform its fraud detection, analytics, triage and investigation capabilities.
- MiWay needed to replace its existing fraud investigation platform within a 3-month period.
- Platform to support MiWay in incorporating AI and predictive analytics into its fraud detection processes.
The Solution
- DataWalk was implemented as MiWay’s fraud detection and forensic technology solution.
- Integration into MiWay’s data warehouse.
More on DataWalk:
Key Benefits
- 3-month implementation and go-live period.
- Significant business self-sufficiency to build own expert and fraud detection rules.
- Phase 1 incorporated the majority of all MiWay products and policies.
- Easy to use solution and significant improvement of processes.
- Improved investigation tools.
- A solid foundation of data and capabilities on which to overlay AI and predictive analytics capabilities.
- Flexible solution that can grow with MiWay as the company grows and the fraud trends evolve.
