LIMRA and Verisk partnered to deliver greater capabilities to insurers and recordkeepers to help them combat fraud and financial criminal attacks on their customers. This partnership expands Verisk's extensive anti-fraud portfolio, which includes ClaimSearch. Initially, LIMRA and Verisk will focus on building more robust solutions while improving overall automation.

This will include integration with Verisk's FAST life insurance platform, providing joint clients real-time access to FraudShare and additional threat intelligence data. The partnership will offer all FraudShare users enhanced threat intelligence data and expanded data analytics and automation capabilities. Through this partnership, LIMRA and Verisk will enable FraudShare clients to mitigate a wider range of fraud threats facing the insurance, retirement and recordkeeping industries.

To support life insurers across the policy life cycle, Verisk has developed a suite of solutions that apply advanced analytics, automation and machine learning to existing and emerging data sources. The solutions are designed to help transform current workflows in life insurance underwriting, life and pension analytics, claim insights, unclaimed property/equity, compliance and fraud detection and actuarial and portfolio modeling.