DES PLAINES, Ill., October 7, 2020 — The National Insurance Crime Bureau (NICB), the insurance industry’s association dedicated to predicting, preventing, and prosecuting insurance crime, and the AARP Fraud Watch Network are joining forces to combat insurance crime.
In a recent meeting, NICB President and CEO David Glawe and Director of AARP Fraud Watch Network Kathy Stokes discussed the need for a strong, collaborative relationship between the two organizations. Ultimately, it is the goal of both NICB and the AARP Fraud Watch Network to help protect people, and in particular the 50+ from insurance scams and fraud.
“We are working proactively to identify vulnerabilities and leverage opportunities to work with organizations like the AARP Fraud Watch Network,” said NICB’s President and CEO David Glawe. “We believe that by bolstering our intelligence and analysis capabilities and sharing information with our partners, we will be able to make significant progress in our fight to protect insurers and their policyholders from fraud and other insurance crime,” added Glawe.
“Scammers steal billions of dollars every year from unsuspecting targets,” said Kathy Stokes, AARP Director of Fraud Prevention Programs. “By joining forces, the AARP Fraud Watch Network will have the opportunity to leverage the deep expertise of NICB to fine tune our educational efforts on insurance scams and fraud.”
Glawe joined NICB in June as its new President and CEO and has focused on ensuring the organization can better address the changing threats insurers and policyholders face from insurance crime, cyber threats, and emerging issues such as COVID-19. A key element to that effort is a laser-like focus on predictive analysis, which uses cutting-edge data analysis along with varied intelligence sources to identify large scale insurance fraud and crime rings before they become fully operational.
“NICB has pledged its full support and intelligence capabilities to the AARP Fraud Watch Network, and we appreciated the opportunity to further strengthen our relationship and look forward to working on campaigns to combat insurance fraud schemes and protect the American public,” added Glawe.