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In 2021, the number of thefts, in the countries we are active in, was low and it was harder to locate stolen vehicles. And as for most of our customers, this is good news that the car thefts are lower, we, unfortunately, see a huge increase in the numbers again.

Fraud has existed throughout time in different types and methods. However, as fraud methods change, so do the challenges you need to tackle. This blog post looks at 5 fraud detection challenges insurers face and how Legentic is the best solution for your to uncover fraud and fight financial crime.

Sjerlok is a powerful tool to fight embezzlement and car theft. One of the leading Scandinavian finance institutions started using Sjerlok last year, with impressive results. We had a chat with the Head of Debt Collection, to hear about their experience.

Our new CTO Jeroen van Zeeland has a degree in aerospace engineering, and is definitely not lost in space. He enjoys climbing though, which led him to leave the flat lands of Netherlands and settle in mountainous Norway.

Our new Director of Sales and Marketing is a man of many skills and passions. One of which is being a part of the dance group “Groovy Daddies” in Amsterdam, close to his Dutch hometown Edam. Now Marc Mulder is bringing his moves to work, to take Legentic from “great to groovy”, as announced on our kick-off in September.

The Association of Insurers in the Netherlands recently noted that COVID had not really impacted the number of insurance fraud attempts in 2020. About 30% of the 13.000 detected fraud cases were related to car claims, the other mostly travel insurance and house insurance policies. This is just the tip of the iceberg, though, across the world, estimates show that only about 15% of fraudulent claims are detected.

Our mission is to provide our customers with the tools and know-how that empowers them to fight fraud and financial crime in a better, faster way. A world-class customer success team is essential to fulfill our mission. Meet Alessandro Sta, who recently joined Legentic to create this team.

After thousands of online meetings, it was fantastic to finally be able to bring all "the Legentics" together, in real life! Flown in from all corners of Europe, we met up in Norway, to spend 4 days chatting, laughing and kick-starting the next step on our journey: From Great to Groovy.