Carpe Data announces extended relationship with The Hanover to Optimize Claims, Flag Fraud [Yahoo! Finance]
Hanover Insurance Group Inc (THG)
Last hanover insurance group inc earnings: 4/28 04:13 pm
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Source: Yahoo! Finance
announced their extended relationship with The Hanover Insurance Group . The renewal marks a five-year milestone for the firms in their joint effort to optimize claims processing and uncover novel fraud techniques. The centerpiece of this collaboration is ClaimsX, Carpe Data's advanced fraud detection and claim monitoring technology that leverages publicly available web data for real-time assessment and decision making from first notice of loss to resolution. With ClaimsX at its disposal, The Hanover's claims team can quickly append their own data with evidence sourced from publicly available content online to supplement loss facts, leading to swifter claim resolutions and happier customers. "Data-driven decisions are at the core of The Hanover's claims management strategy, enabling us to optimize processes and deliver on our promises. Carpe Data's ClaimsX helps gain additional insights from our claims data," remarked Doug L. Kratzer, Vice President of Claims at The Hanover. Max
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- The Hanover Insurance Group, Inc. (NYSE: THG) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $150.00 price target on the stock.MarketBeat
THG
Earnings
- 1/31/24 - Beat
THG
Sec Filings
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- THG's page on the SEC website