This paper explores using machine learning techniques to detect insurance claims fraud. The authors analyze different machine learning algorithms like decision trees, naive Bayes, and neural networks to classify insurance claims data as fraudulent or legitimate. The neural network model achieved the best performance with an accuracy of 89% in detecting fraud from a dataset of over 10,000 insurance claims.
This paper explores using machine learning techniques to detect insurance claims fraud. The authors analyze different machine learning algorithms like decision trees, naive Bayes, and neural networks to classify insurance claims data as fraudulent or legitimate. The neural network model achieved the best performance with an accuracy of 89% in detecting fraud from a dataset of over 10,000 insurance claims.
This paper explores using machine learning techniques to detect insurance claims fraud. The authors analyze different machine learning algorithms like decision trees, naive Bayes, and neural networks to classify insurance claims data as fraudulent or legitimate. The neural network model achieved the best performance with an accuracy of 89% in detecting fraud from a dataset of over 10,000 insurance claims.