developed an optimal audit policy for the scoring methodology. Our application is meant for the audit of insurance fraud but can … obtained with data from a large European insurance company. First, we are able to compute a critical suspicion index for fraud … Investigation Unit (SIU) when certain fraud indicators are observed. Fraud indicators are classified based on the degree to which …

. Four subjects are covered: 1) Automobile Insurance Pricing, Risks and Asymmetric Information; 2) Insurance Fraud; 3) Young … a common concern for road transportation safety and the automobile insurance industry. In both cases, there is an … problems it generates in the insurance industry. This book is for people concerned about road crashes (prevention and …

focuses attention on the insurance fraud problem in a setting where insurers repeatedly verify claims satisfied by service … on optimal audit in insurance and the exploitation/exploration trade-off in multi-armed bandit problems. …