Fraud and Risk Prevention Technology | CARCO_Arts & Entertainment

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Click here Fraud and Risk Prevention TechnologyCARCO protects insurance carriers and consumers through its advanced Mobile AI technology platforms engineered to identify and prevent risk events and fraudulent activities that can expose companies and their bottom lines in highly competitive and challenging environments.Learn more CARCO’s Advanced AI Mobile TechnologyCARCO’s Mobile AI Fraud Prevention application is designed with dual-functionality for utilization as a designated inspection site location or self-inspection. The integrated AI and fraud alert validation technology streamlines and automates the inspection process, providing:A back-office solutionEasily integrated into mobile platformsContains costDetects and deters fraudIntegrated processing system powered by a fraud analytics engineA positive customer experienceMinutes to perform the inspectionOur risk and fraud detection and deterrence solutions also include NMVTIS — the premier publicly available system in the U.S. that requires all insurance carriers, auto recyclers, junk and salvage yards, and states to report vehicle title data.CARCO’s Advanced Mobile AI Fraud Prevention ProcessEXPERIENCE CARCO’S ADVANCED MOBILE AI TECHNOLOGY, PROVIDING A HOLISTIC APPROACH TO IDENTIFY, DETECT AND REDUCE FRAUD. Fraud PreventionCARCO provides businesses with the tools necessary to protect their clients from a variety of risk events and fraudulent activities that can expose companies and their bottom lines. Our solutions include NMVTIS — the premier publicly available system in the U.S. that requires all insurance carriers, auto recyclers, junk and salvage yards, and states to report vehicle title data.Learn MoreInsurance InspectionsCARCO is the leading provider of vehicle pre-insurance inspection services in the U.S. Major insurance carriers and brokers choose us for our extensive and convenient site network along with our experience deploying advanced technology to complete the inspection process in the most efficient and effective manner while complying with regulations.Learn MorePolicyholder ResourcesCARCO offers policyholders an easy way to find a local inspection site and check the status of their inspection report.Learn More4,500+ SitesPre-insurance inspection network of6,000+sitesacross 17 statesLearn More170+ CarriersOver the course of 40 years, 170+ insurance carriers have entrusted CARCOLearn More54M+ InspectionsOver 50 milliontransactions completed to date.99% processed electronically.Learn More In 2020, 30 storms Flooded 447,000+ Vehicles. CARCO’s CheckThatVin.com provides vehicle title history, which includes open safety related recall information. Learn more Did You Know?Did you know that CARCO has been performing fraud preventive pre-insurance vehicle photo inspections since 1977, becoming the industry's experts with 54+ million inspections completed, through a4,500+ inspection site network in fourregulated and 12 non-regulated states?Did you know CARCO avoided $2.4billion for the insurance industry in auto insurance fraudulent damage claims over the past fiveyears?Did you know CARCO’s Central Data Repository used by Insurer Special Investigative Units & Law Enforcement to investigate ~11,000 vehicle fraud per day, with175 million new fraud preventive data points added annually?Did you know CARCO’s Predictive & Prescriptive Risk Profiling Analyticsprovides the insurance industry flag high-risk prospect policyholders to submit through our Mobile AI fraud preventive inspection application?Did you know CARCO’s fraud detection anddeterrence services providethe insurance industry an ROI with every $1 invested in inspections results in ~$41 in potential fraud avoidance?Did you know that 99% of pre-insurance vehicle photo inspections are receivedand processed electronicallywithin 24 hours?Did you know that a CARCO fraud tip led to the dismantling of a $15 Million auto fraud ring?Did you know CARCO helped the NY Attorney General identify and prosecute a fraud ring – “Operation Decoy Delivery”?Did you know CARCO central data repository contributed in NYLaw Enforcement break up a ~$300 million luxury car theft ring?Did you know that CARCO’s technology, business practices and Fraud Prevention Analyst identify stolen vehicles with counterfeit VIN’s for NICB and Law Enforcement to prosecute? 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