The effect of re-engineering innovation in the insurance industry with risk management and fraud

Morteza Amirhosseini¹

1) Teacher at University of Applied Science and Technology (UAST)

IOI Code : XYGH-BDFEB
Publication : International Conference on Management, Innovation and Entrepreneurship(ieconf.ir)
Abstract :
    Organizations should be following to choice the best decision about their performances. Due to the new era complications in the business and income, competition, increasing or decreasing in costs related to business and income including sale costs, marketing, manpower and so on, organization always seek efficient and useful approaches. Organization by means of variety tools optimize their decisions and improve their services production processes. In this paper, importance of re-engineering processes in accurate and efficient data flow in order to risk management of services as well as fraud management have been surveyed. Applying re-engineering in business process designing results in cleaned and monitored data and thereby organizations by using accurate, timely and classified data and integrated in the standard data environment not only possibility of applying knowledge would be prepared but also accessibility of another important requirement, namely plan for fraud risk management , would be possible.

Keywords : re engineering innovation insurance risk management fraud management