NICB: Your Trusted Partner in Leading the Fraud Fight
Don’t fight insurance fraud alone. NICB is on your side offering exceptional benefits for your company.
- Ability to analyze aggregated member company claims data to identify organized networks
- Production of fraud alerts that identify schemes, questionable medical providers, and parties of interest
- Coordination of multi-carrier, multi-claim investigations
- Strong partnership with SIU and claims communities that foster collaboration
- Recognized by federal, state, and local law enforcement as experts in insurance crime, vehicle theft, and vehicle identification
- Task force coordination and participation
- Hosts regional dialogue meeting to foster information sharing between members and law enforcement
- Facilitates the mandatory reporting of questionable claims to 48 state insurance departments
- Virtual, in-person, and customized fraud education programs for your staff
- Location, identification, and repatriation of stolen vehicles in foreign countries
- Government and public affairs expertise
- Integration of NICB alerts and information in ISO ClaimSearch® to help make better claims decision
How we helped our members in 2023
- 159,392 Questionable Claim Submissions
- 3,251 ForeWARN and MedAWARE Alerts Published
- 1,990 Organized Crime Rings Identified
- 155,760 Hours of Education Provided to Members and Law Enforcement
- 309,593 Vehicles Recovered
- 25,778 NICB Agent Vehicle Recoveries
Regardless of your company’s size or book of business mix, NICB can support your fraud-fighting needs!
Consider these facts
- 4.7 out of 5 customer satisfaction rating from our members, who write more than 96% of the nation’s personal auto insurance and 82% of the nation’s property/casualty insurance;
- 90 cents of every membership assessment dollar is used for anti-fraud programs;
- Claims and SIU professionals can share information with their counterparts at other companies as well as with members of law enforcement at NICB Regional Dialogue Meetings;
- More than 6,600 hotline calls and webtips received and processed, leading to more than 3,500 referred to members; and,
- More than 3,200 alerts issued to advise members of fraud schemes, crime forecasts and case developments.
Want to learn more?