Abstract: Frauds in insurance industry are one of the major
sources of operational risk of insurance companies and constitute a
significant portion of their losses. Every reasonable company on the
market aims for improving their processes of uncovering frauds and
invests their resources to reduce them. This article is addressing fraud
management area from the view of extension of existing Business
Intelligence solution. We describe the frame of such solution and
would like to share with readers all benefits brought to insurance
companies by adopting this approach in their fight against insurance
frauds.