2 case(s) found.
White lies (inflated claims) cost the insurance industry billions of dollars every year. After
investing heavily to automate workflows (from policy subscription to claims processing),
digitization has ironically made fraud easier to commit and harder to catch.
Reference 6752
Published 23 Jan 2023
Length 11 page(s)
Topic Operations
Region Europe
Industry Security and Investigations
White lies (inflated claims) cost the insurance industry billions of dollars every year. After
investing heavily to automate workflows (from policy subscription to claims processing),
digitization has ironically made fraud easier to commit and harder to catch.
In 2011, Ingersoll-Rand (IR) decided to divest its refrigeration equipment subsidiary, Hussmann International. However, the routine auction process for the non-core asset went awry when both Hussmann’s performance and external finance markets weakened significantly during the due diligence period.
Reference 6251
Published 30 Jan 2017
Length 35 page(s)
Topic Economics & Finance
Region North America
Industry Private Equity, Security and Investigations
In 2011, Ingersoll-Rand (IR) decided to divest its refrigeration equipment subsidiary, Hussmann International. However, the routine auction process for the non-core asset went awry when both Hussmann’s performance and external finance markets weakened significantly during the due diligence period.