detection - Blog - Global Risk Community2024-03-29T08:19:57Zhttps://globalriskcommunity.com/profiles/blogs/feed/tag/detectionSafety Helmets is the First Line of Defense Against Head Injuryhttps://globalriskcommunity.com/profiles/blogs/safety-helmets-is-the-first-line-of-defense-against-head-injury2020-12-04T10:08:41.000Z2020-12-04T10:08:41.000ZKBV Researchhttps://globalriskcommunity.com/members/KBVResearch<div><p>Head injury accidents are one kind of major word related accidents all around the globe, particularly in the construction sector. Every year numerous laborers are harmed or injured and even killed because of head injury.</p><p><img src="https://kbvresearch.files.wordpress.com/2020/12/safety-helmet-1.jpg?w=800" alt="Safety Helmets" /></p><p></p><p>To successfully diminish the risks of head injury, a legitimate kind of safety helmet is needed. The chosen safety helmet must satisfy some prerequisites that incorporate resistance from infiltration, shock absorption, and be movable to fit and make comfortable to the user. A safety helmet can never be successful except if it is properly worn for the purpose.</p><p></p><h2><strong>What is a Safety Helmet?</strong></h2><p>A safety helmet is a protective gear that is worn on the head to <a href="https://www.kbvresearch.com/safety-helmet-market/">avert injuries</a>. Note that a safety helmet" is not an alternative for other preventive techniques for head injury accidents. Safety helmets don't prevent accidents related to head injuries, but just decrease the seriousness of the accident.</p><p></p><p>The utilization of a safety helmet like some other individual protective gear is constantly considered as the last resort to prevent accidents. But, diminishing or controlling the risks of injury at the source must be dealt with first. Threats of job cycles or workplaces could be the root source of head injury. Appropriate preventive methods should be taken to prevent head injury.</p><p></p><h2><strong>Safety helmets based on material</strong></h2><h3><strong>1. Polycarbonate</strong></h3><p>Safety helmets are manufactured utilizing polycarbonate. This material has different advantages, for example, high security from extreme temperature conditions, harmful UV rays, and different chemicals. Also, the safety helmets produced using polycarbonate material show dielectric properties and dimensional stability. This sort of helmets is anticipated to see massive demand in the forthcoming years.</p><p></p><h3><strong>2. Polyethylene</strong></h3><p>Safety helmets are produced utilizing polyethylene material. This helmet made utilizing this material ruled the industry. The Polyethylene helmets are comparatively more affordable when contrasted with the helmets produced from different materials. The inexpensiveness of this sort of helmets is foreseen to increase the demand in the next few years.</p><p></p><h3><strong>3. Acrylonitrile Butadiene Styrene (ABS)</strong></h3><p>Safety helmets produced using Acrylonitrile butadiene styrene materials are anticipated to see a massive demand in the industry due to the components, for example, durability and thermal stability which results in low item replacement costs. Additionally, the growing usage of ABS helmets in sectors, for example, power generation, oil, and gas, manufacturing are anticipated to see a huge demand in the upcoming years.</p><p></p><h2><strong>Significant advantages of Safety Helmets</strong></h2><h3><strong>1. Gives Sun Protection</strong></h3><p>For construction site workers wide brim security safety helmets are seen as perfect as they give adequate safety against hazardous sun rays to the workers. This helps with diminishing the chances of heat stroke and fatigue.</p><p></p><h3><strong>2. Gives Adequate Ventilation</strong></h3><p>These days, the cost of safety helmets varies because of different elements. One is the proportion of ventilation and comfort they offer to the worker. No company wants its laborers to feel disturbed under the heavy safety helmet. Thus, the demand for stylish baseball-style safety helmets has expanded that gives sufficient ventilation and comfort to the laborers while working.</p><p></p><h3><strong>3. Security against Slips and fall</strong></h3><p>Wearing safety helmets while working in a liquid-based FMCG or a manufactured unit ensures that whether or not the work slips or falls inadvertently the chances of causing a head injury will be minimum.</p><p></p><h3><strong>4. Upgrades Employee Visibility</strong></h3><p>Wearing hard caps for work allows higher visibility for laborers of the work unit and aides in identifying while they are working during day or night. They furthermore separate them from visitors and other non-working people entering the workshop premises.</p><p></p><h3><strong>5. Gives Company Branding</strong></h3><p>Even though the dress code at workshops is adequate to let the other know about the company or units a laborer is working for. Different marking on safety helmet for each department helps in remembering them on a significantly more broad level. A couple of companies even color code the safety helmet for various departments.</p><p></p><h3><strong>6. Protection against Head Injuries</strong></h3><p>Hard caps kind safety helmets are designed specifically to offer security to the workers from injury infiltration, electric injuries, and strong head impacts, which can be caused because of flying or falling things. These safety helmets moreover give security against fixed articles and electrical conductors that may cause injury. You can without a doubt buy such a safety helmet online at a moderate price.</p><p></p><h3><strong>7. Builds Chances of Survival in Accidents</strong></h3><p>If a work unit faces accidental circumstances like turning over a truck or improper treatment of any mechanical stuff, in such a circumstance if a worker is wearing a safety helmet his chances of getting harmed will be minimum.</p><p></p><h2><strong>Overview:</strong></h2><p>Different advantages of the safety helmets across various businesses are foreseen to increase the growth of the safety helmet market in the upcoming years. Safety Helmets produced from various materials and each kind of safety helmets are utilized in various enterprises but for one common reason: to prevent head injuries.</p></div>Leak Detection and Repair (LDAR) Technology And Ongoing Trends Of The Industryhttps://globalriskcommunity.com/profiles/blogs/leak-detection-and-repair-ldar-technology-and-ongoing-trends-of2020-05-05T10:01:55.000Z2020-05-05T10:01:55.000ZKBV Researchhttps://globalriskcommunity.com/members/KBVResearch<div><p>Leak detection and repair (LDAR) regulations have been instituted by the Environmental Protection Agency (EPA) due to the amount of volatile organic compounds (VOCs) and volatile hazardous air contaminants (VHAPs) released by leakage equipment such as valves, pumps, and connectors in industries such as petroleum refining and chemical manufacturing.</p><p>To reduce emissions, the EPA has developed regulations and compliance programs. LDAR managers and technicians must follow simple LDAR protocols, such as Method 21 testing methods and configuration protocols for analysers, in order to keep their LDAR systems in compliance.</p><p></p><p><a href="{{#staticFileLink}}8028320882,original{{/staticFileLink}}" target="_blank"><img src="{{#staticFileLink}}8028320882,original{{/staticFileLink}}" class="align-center" alt="8028320882?profile=original" /></a></p><p></p><h2><strong>All about the leak detection and repair (LDAR) technology</strong></h2><p>The <a href="https://www.kbvresearch.com/leak-detection-and-repair-market/">leak detection and repair system</a> is a framework of procedures used by the facility to locate and fix leakage components, including valves, pumps, connections, compressors, and agitators, in order to reduce the emission of fugitive volatile organic compounds (VOCs) and hazardous air pollutants (HAPs). The EPA is performing investigations and enforcing compliance measures in the petroleum refining and chemical processing sectors to check the minimization of VOC and HAP emissions. As a result of this EPA system, facilities of all sizes have been inspected.</p><p>Entry into enclosed spaces or areas where explosive or poisonous gasses can be present allows a gas monitor to be worn. Many areas present the same repetitive problems with regard to these gasses that need to be weighed, usually explosive gas, like LEL (lower explosive limits – methane, ethanol, etc.), loss of oxygen, carbon monoxide and hydrogen sulphide. Nonetheless, sometimes solvents or Volatile Organic Compounds (VOCs) are present and a combination of standard sensor technology combined with PID technology can handle a much wider range of gas detection and provide higher levels of safety.</p><p></p><h2><strong>Leak detection and repair technologies:</strong></h2><h3><strong>VOC Analyzer</strong></h3><p>The new innovation in VOC measurement is the development of miniature PID sensors. A Photo Ionisation Detector in the Series 4/'A' Class Gas Sensor shell allows PID technology to be applied through a wide range of portable and fixed gas detection technologies. Incorporating the proprietary Fence Electrode Technology to improve resistance to moisture and corrosion, this system is now increasingly being used in portable confined space gas detectors.</p><p></p><h3><strong>Acoustic leak detector</strong></h3><p>Water leaks and main breaks are on the rise due to the degradation of the water infrastructure left unregulated. On average, these leaks run undetected for more than six months before they surface. As a result of undetected leakage, up to 15–30 percent of filtered drinking water is lost by leakage. Fortunately, water leak detection companies can detect leaks using a range of non-invasive acoustic leak detection technologies. These technologies allow utilities to identify leaks in difficult pipe types cost-effectively and efficiently without breaking ground or disrupting service — providing significant water-saving potential.</p><p></p><h3><strong>Optical gas imaging</strong></h3><p>Optical Gas Imaging (OGI) cameras can help in easily, reliably, and safely detection of methane, sulphur hexafluoride, and hundreds of other industrial gases, without shutting down systems. With OGI cameras, individuals can easily search large parts of equipment and survey areas that are hard to reach with conventional contact measurement devices. OGI cameras can also detect leaks from a safe distance, showing such invisible gasses as clouds of smoke.</p><p>Infrared (IR) thermal imaging cameras have been used for a range of oil and gas applications for decades, including electrical/mechanical inspections, tank level inspections, and even inspection of pipe integrity inside process equipment. In recent years, modern optical gas imaging (OGI) technology has been developed that can 'see' hydrocarbon gasses and volatile organic compounds (VOCs) that are venting or escaping into the atmosphere.</p><p></p><h2><strong>Ongoing industry trends and new technologies</strong></h2><h3><strong>The advent of smart water leak detectors</strong></h3><p>Smart water leak detectors are electronic sensors designed to detect water leakage and reduce the risk of water damage. Water leakage is one of the most common causes of damage to properties. Smart water leak detectors are small, soap-sized white boxes mounted on the floor near a water-bearing fixture, typically operating on long-lasting batteries, similar to a cigarette or CO2 detector. These sensors are internet-enabled devices, usually coupled with GPS chips and the Geographic Information System to detect and report water leakage and damage to end-users. They will send alerts directly to the user's phone when the sensor senses water or changes in temperature.</p><p></p><h3><strong>Advancements in pipeline monitoring and oil leakage detection technologies</strong></h3><p>Pipelines are commonly used for transporting hydrocarbon products for millions of miles around the world. The pipeline systems are designed to withstand a variety of environmental loading conditions in order to ensure a secure and efficient delivery from the point of production to the shore or to the delivery depot. Nevertheless, leakage to pipeline networks is one of the major causes of countless losses to pipeline operators and their existence.</p><p>Incidents of pipeline failure will result in serious ecological disasters, human casualties, and financial losses. In order to prevent this hazard and maintain a secure and efficient pipeline network, significant research efforts have been made to introduce the identification and location of pipeline leaks using a variety of approaches. Several methods for the identification of pipeline leaks have been developed over the last decades, using various working principles and approaches.</p><p></p><h3><strong>Developments in oil and gas pipeline infrastructure</strong></h3><p>In order to meet the increasing demand for oil and gas, pipeline infrastructure is being extended and new pipeline ventures are being built. In addition, a rise in offshore operations, such as deepwater and ultra-deepwater production and construction, is increasing the demand for oil and gas pipelines. Compressor stations play a significant part in the manufacturing and distribution of goods that travel into the pipeline. The growth in imports of crude oil has boosted over time the use of oil and gas pipelines.</p><p>Increased competition for and use of natural gas on a wide scale has also generated competition for these pipelines. There has also been a rise in global demand for oil and gas. The rising demand for an increasing population is projected to be a significant driver of the development of the oil and gas pipeline industry. Moreover, numerous technical developments have been made, which have further expanded the demand for oil and gas pipelines over the forecast period. It can be thus concluded that the growing market of oil and gas pipeline, followed by constant developments in the infrastructure, would boost the growth of the LDAR industry over the coming years.</p><p></p><h2><strong>To conclude</strong></h2><p>Fortunately, new technologies have enabled companies to detect leaks without the hassle and cost of digging your house. Using advanced leak detection technologies, the end-users can find the leak without doing any damage to property. The newer technologies are non-invasive and non-destructive, which means they ensure minimal mess post the entire detection and repair process. Leak detection systems don&#39;t just find the general area of the leak— they detect the precise location. This helps to eliminate the need for digging around.</p><p></p><p><strong>Free Valuable Insights:</strong> <a href="https://www.kbvresearch.com/news/leak-detection-and-repair-market/">Global Leak Detection and Repair (LDAR) Market to reach a market size of USD 26.5 billion by 2025</a></p><p></p><p>The adoption of advanced technologies and constant upgrading of the existing ones enables the industry providers to use advanced equipment to detect leakage. Advanced leak detection services are fast, non-invasive, and non-destructive. You’re not going to have to pay to have the house or landscaping ripped up and then patched. The wide range of advantages offered by the technology is expected to provide lucrative growth opportunities to the LDAR market over the coming years.</p></div>Top Trends of the Fire Alarm And Detectionhttps://globalriskcommunity.com/profiles/blogs/top-trends-of-the-fire-alarm-and-detection2020-04-20T08:00:00.000Z2020-04-20T08:00:00.000ZKBV Researchhttps://globalriskcommunity.com/members/KBVResearch<div><p>Fire detection and alarm systems have emerged as a new light for the fire safety community. Fire protection engineers, fire officials, and building owners have obtained a new appreciation for the cost-effective role fire alarm systems play in protecting buildings and their residents from fire. Recent advancements in <a href="https://www.kbvresearch.com/fire-alarm-and-detection-market/">fire alarms technologies</a> include human sensitivity adjustment for smoke detectors,</p><p>Recent technological advancements in fire detectors include modification of the sensitivity of the individual smoke detector, compensation for drift, and notification required for maintenance. These features minimize these systems' nuisance warnings, while at the same time shortening the time alerts are required to detect real fires. Innovation in the fire alarm system technology has been slow in comparison to other smart devices with high demand.</p><p></p><p><a href="{{#staticFileLink}}8028317688,original{{/staticFileLink}}" target="_blank"><img src="{{#staticFileLink}}8028317688,original{{/staticFileLink}}" class="align-center" alt="8028317688?profile=original" /></a></p><p></p><h2><strong>What are the fire alarm and detection technology?</strong></h2><p>Fire detectors are designed to detect one or more of the three fire-smoke, heat, and flame properties. Further than this, any fire warning device must have manual call points (break glass), so that it can be of immediate help in the case of a fire.</p><p>The Fire Alarm System is programmed to alert us of an emergency, and we can take measures to protect ourselves, staff and the general public. Fire alarms are used in schools, warehouses, and public buildings, they are part of our everyday life, but they are still ignored before an emergency happens at which point they could just save our lives.</p><p></p><h2><strong>Types of technologies provided through this industry:</strong></h2><h3><strong>Fire detectors:</strong></h3><h4><strong>Smoke</strong></h4><p>A smoke detector is a device that detects smoke usually as a fire indicator. Commercial security devices transmit a signal to a fire alarm control panel as part of a fire alarm system, while household smoke detectors, commonly known as smoke alarms, typically transmit a local audible or visual alarm from the detector itself or several detectors if several smoke detectors are interconnected.</p><p>Smoke detectors are stored in plastic enclosures, smoke detectors are usually shaped like a disk or square about 150 mm in diameter and 25 mm thick, although shape and size vary. Smoke can either be detected optically (photoelectric) or by physical process (ionization); detectors can use one type or both. Sensitive alarms may be used to detect smoking, and therefore discourage it, in places where it is forbidden. Smoke alarms are typically powered by a central fire alarm device in large commercial, industrial, and residential buildings, and is operated by the building power with a battery backup.</p><p></p><h4><strong>Flame</strong></h4><p>A flame detector is a sensor designed to detect and respond to the presence of a flame or fire, which enables the detection of flames. Responses to a detected flame depend on the system, which may include sounding an alarm, deactivating a line of fuel (such as a propane or a line of natural gas), and activating a fire suppression. When used in applications such as industrial furnaces, their role is to assure that the furnace is operating properly; in such situations, no further action is taken besides notifying the operator or control device. A flame detector can also respond faster and more accurately than a smoke or heat detector because of the flame detection mechanisms it uses.</p><p>The range of a flame detector is determined by the location of the mount. In reality, one can assume in what the flame detector "sees" when projecting. A thumb rule is, that the flame detector's mounting height is twice as high as the largest point in the field of view. Also, leading to maintenance and/or upgrades the accessibility of the flame detector must be taken into consideration. For this reason, it is recommendable to have a rigid light-mast with a pivot point. In outdoor systems, a "roof" on top of the flame detector avoids accelerated emissions. By mounting a second flame detector in the opposite direction of the first detector, the shadow effect can also be minimized.</p><p></p><h4><strong>Heat</strong></h4><p>A heat detector is a fire alarm system designed to respond when a fire's conveyed thermal energy raises heat-sensitive element temperature. The element's thermal mass and conductivity control the heat rate influx into the element. Both heat detectors experience this thermal lag. Heat detectors have two primary working classifications, "rate of rising" and "fixed temperature." The heat detector is used to help in property damage prevention. As temperature changes, it is triggered.</p><p>It is the most prevalent form of heat detector. Fixed temperature detectors operate when the heat-sensitive eutectic alloy reaches the eutectic point which shifts from a solid to a liquid state. The thermal lag slows the accumulation of heat in the sensitive part so that a fixed-temperature system reaches its operating temperature sometime after the surrounding air temperature exceeds that. For electrically linked heat detectors the most common fixed temperature level is 58°C (136.4°F). Technological advances have enabled detectors to be developed that activate at a temperature of 47 ° C (117 ° F), improving the reaction time and protection margin available.</p><p></p><h3><strong>Fire alarms:</strong></h3><h4><strong>Audible alarms</strong></h4><p>Audible alarms create a loud noise to alert a safety hazard to staff and other surrounding individuals, announce an incident such as a shift change, page employees, or broadcast alerts. These are found in commercial applications of compatible surveillance systems, intercom systems, or fire alarm systems.</p><p></p><h4><strong>Visual alarms</strong></h4><p>Visual alarms are blinking lights and are used as signal fire alarms. Among the fire protection community, the terms visual alarm alert, visible signaling system, and visible signaling system are used relatively interchangeably; the National Fire Protection Association (NFPA) calls them visual notification systems. No practical distinction is made between the visual signal and a visible signal.</p><p></p><h4><strong>Manual call-points</strong></h4><p>Manual Call Point is an alert initiation device for manual initialization. Usually, manual fire alarm triggering is accomplished by using a pull station or call point, which then sounds the evacuation alarm for the corresponding building or zone.</p><p>Manual activation of the fire alarm involves human intervention, as distinct from automated activation of the fire alarm such as that provided by using heat detectors and smoke detectors. However, call points/pull stations can be used as part of integrated fire detection and alarm system, following automatic warning.</p><p></p><h2><strong>Ongoing trends in the fire alarm and detection industry:</strong></h2><h3><strong>IoT Enabled Connected Detectors</strong></h3><p>The marketplace has a range of leading companies selling connected smoke detectors and carbon monoxide detectors for residential use. These connected detectors may interact with the Thermostat and, in the case of a fire or carbon monoxide, can shut down the furnace. The detectors can be reached via mobile apps everywhere. The detectors can sound a local warning in case of an emergency, as well as submit alerts on the cell phone. Nowadays, Nest and Ring are among the most common smart detectors on the market.</p><p></p><h3><strong>Advancements in Central Alarm System Technology</strong></h3><p>Both detectors are attached to a central controller in a central alarm network and transmit the signal directly to that controller. The controller continuously tracks several locations and it activates warning devices such as alarms, strobe lights, and speakers as it receives sensor data from the monitoring systems to alert the occupants. Today more and more integrated and intelligent features are coming to central alarm and evacuation systems as well.</p><p>Today, in case of an emergency, mass notification systems provide a paging feature for transmitting live audio orders across the building. Most mass notifications now days often include support for different forms of emergency warnings, such as inclement weather alarms, security warnings, amber alerts, etc. Advanced features of mass notification systems include the ability to transmit updates to selected recipients via SMS, text, email, pop-up, app update and push notification, thus helping to build quick and effective awareness.</p><p></p><h2><strong>The big picture</strong></h2><p>Global manufacturers concentrate on designing high-return products, especially ones that connect customers to rapidly changing lifestyle patterns. Although fire alarm systems aren't necessarily at the cutting edge of technological development, innovative companies are designing new approaches for fire-related threats and gas threats.</p><p>Collisions can't be prevented entirely, even with the latest available technology, but more can be done to mitigate the damage and save human lives. Connected products and technologies such as smart detectors, alarms, and notification systems will allow easily gathering critical alerts and preparing emergency scenarios better. Users will evaluate these connected technologies and implement them to improve safety.</p><p></p><p><strong>Free Valuable Insights:</strong> <a href="https://www.kbvresearch.com/news/fire-alarm-and-detection-market/">Global Fire Alarm and Detection Market to reach a market size of USD 57.4 billion by 2025</a></p><p></p><p>While safety technology has gone a long way, technology alone is not enough, and possibly will never be. Often, disasters occur not due to faulty equipment or lack of appropriate infrastructure, but due to lack of proper implementation and poor planning. If the technology is properly implemented and managed, the deployment of advanced security technology does not help improve protection. Relevant regulations, policies, and procedures should be in effect and must be rigidly adhered to.</p></div>The Power of Data and Analytics in Insurance Fraud Detectionhttps://globalriskcommunity.com/profiles/blogs/the-power-of-data-and-analytics-in-insurance-fraud-detection2019-09-17T12:22:33.000Z2019-09-17T12:22:33.000ZKBV Researchhttps://globalriskcommunity.com/members/KBVResearch<div><p>The problem for cyber security in the life insurance sector is very severe, as is the case in other sectors such as banking, healthcare, etc. The insurance industry has a huge amount of client data and clients have a lot of confidence in the organizations with whom they do business.</p><p></p><p><strong>What is insurance fraud detection?</strong></p><p>The <a href="https://www.kbvresearch.com/insurance-fraud-detection-market/">insurance industry</a> is moving to a contemporary paradigm that focuses on risk mitigation and prevention instead of financial loss compensation. This is driving the development of new insurance ecosystems and the latest generation of rivals. However, many insurers stay threatened by legacy infrastructure, siloed applications and absence of understanding on the importance of insurance analytics. This is exacerbated by M&A activities and by raising customer requirements for the use of new technologies. In addition to this, insurers are compelled to innovate in the field of consumer experience in business applications, such as mobile applications to create claims or self-service insurance analytics.</p><p></p><p><a href="{{#staticFileLink}}8028298899,original{{/staticFileLink}}" target="_blank"><img src="{{#staticFileLink}}8028298899,original{{/staticFileLink}}" class="align-center" alt="8028298899?profile=original" /></a></p><p></p><p><strong>What are insurance frauds and why are they increasing at a rapid rate?</strong></p><p>The technology breakthrough in recent years has led to a rise in insurance fraud and, as a result, the sector's landscape is evolving. From Pricing Comparison Websites (aggregators) to Telematics and Usage-Based Insurance, to the Internet of Things, to the growing demand for cyber insurance and recent Peer to Peer insurance, traditional insurers must rapidly adapt to current trends and compete with non-traditional companies with big data processing capacities.</p><p>On the other side, insurance companies are suffering from fraud expenses and, as insurance products become more complex and customer communication channels and potential fraudsters are rising. Furthermore, these trends are raising the level of intelligence and automation to combat insurance fraud overwhelms traditional fraud detection and avoidance of organizational structures, procedures, and technological infrastructure.</p><p></p><p><strong>How does insurance fraud detection save from the growing number of frauds?</strong></p><p>Big data analytics and artificial intelligence play a significant part in the insurance industry in this digital age. One of the major challenges for insurance companies seems to be detecting fraudulent insurance claims. The success of an individual fraudulent claim relies on the capacity of the fraudster to present it as a real, distinctive incident. Apparently, fraud has common features, which can be determined by exchanging information and analytics.</p><p>Insurance companies would all profit from entering forces and exchanging data through fraud pools. This is the only way to monitor, fight and control organized fraud. This would assist insurers to know about the recent fraud schemes and remain ahead of the game. Fraudsters are always searching for a weak place. Access to global fraud-related pools would discourage fraudsters from shuffling between countries and insurers.</p><p>Intelligent software can process data rapidly, learn individually, draw intelligent conclusions, and make recommendations. Just like a human, but smarter and more effective. The vast amount of information and the impressive computational capacity implies that these analyzes are carried out at lightning velocity and with excellent precision. For example, Artificial Intelligence can be used for analyzing images while at the same time digging for fraud. There are currently dozens of AI types in development. Insurance carriers may use these technologies to enhance and optimize their risk analysis and fraud identification procedures.</p><p></p><p><strong>Click Free Insight:</strong> <a href="https://www.kbvresearch.com/insurance-fraud-detection-market/">https://www.kbvresearch.com/insurance-fraud-detection-market/</a></p><p></p><p><strong>The bond between analytics and insurance fraud detection technologies</strong></p><ul><li><strong>Providing Client-centric Services</strong></li></ul><p>Customers are always looking for a trusted and reliable partner to meet their insurance requirements. Insurance Data Analytics helps insurance companies and brokers deliver tailored services to their customers. Companies can utilize intelligent insurance management platforms and other techniques to obtain useful insights from client information and provide customers with precisely what they are looking for.</p><ul><li><strong>Reducing Fraud and Waste</strong></li></ul><p>Fraud and waste are frequently seen and dealt with by insurance companies. Today, thanks to data analysis, there are methods to decrease these attempts at fraud to a significant degree. Insurance companies may use this data intelligence actionable to find out who is likely to be a fraudster even before it occurs.</p><ul><li><strong>Pricing Premiums Accurately</strong></li></ul><p>The significant challenge facing insurance companies is to price their premiums precisely for each policyholder. Often, policyholders may face unfair premium quantities for no error of their own. To be more competitive on the market, insurance companies are coming up with some new strategies using insurance analytics. The prices of premiums can be determined by drawing actionable ideas from data analytics and tracking the behavior of individual policyholders.</p><ul><li><strong>Managing Claims</strong></li></ul><p>With the assistance of data analytics, insurance companies can evaluate the large volumes of data and identify discrepancies in the underwriting phase of the policy. If the claim is made by the client, the insurer can readily detect that the claim is valid or not. Data analytics can be used to monitor digital channels and social media in real-time, and assist traditional insurance companies to transform their digital processes.</p><p></p><p><strong>To sum up</strong></p><p>The insurance fraud detection market is growing exponentially with the rise of analytics and artificial intelligence. Combining supervised and unsupervised machine learning as part of a wider fraud detection strategy for Artificial Intelligence (AI) allows digital companies to rapidly and precisely identify automated and progressively complicated fraud efforts. Among the most common types of new attacks, the adoption of machine learning and other automation techniques to commit fraud is emerging. The most popular legacy approaches to combating online fraud include relying on regulations and predictive models that are no longer efficient in facing the more advanced, nuanced levels of recent efforts at fraud. Online fraud detection requires AI to remain in tune with today's fraud attempts' rapid increase in complexity and sophistication. The <strong>global insurance fraud detection market</strong> is expected to proliferate at a growth rate of 26.6% over the forecast period.</p></div>Global Emotion Detection & Recognition Market Growthhttps://globalriskcommunity.com/profiles/blogs/global-emotion-detection-amp-recognition-market-growth2018-12-20T10:30:32.000Z2018-12-20T10:30:32.000ZKusumhttps://globalriskcommunity.com/members/Kusum<div><p><strong><a href="https://kbvresearch.com/global-emotion-detection-recognition-market/" target="_blank">Emotion Detection & Recognition</a></strong> is principally called a technique used for software programs which enables you a program to realize what in particular human emotions are, by detecting them in an in depth method. This is possible by utilizing advanced image processing ways. There are a number of companies that are at present conducting many experiments for emotional recognition, most especially by producing complex algorithms. For this purpose, the scientists mainly try to discover more with regards to a person’s facial expressions, moods, and micro-facial movements, and easy methods to integrate some of these conditions with technology.</p><p>Even yet in its infant years, emotional detection and recognition technology has long been used for a time in numerous devices. This is obviously usually in respect of facial detection unlock benefits found in smartphones, computer monitors, tablet computers, and several other gadgets. With a continuous rate of technology with this one technology, scientists might be early try to unlock considerably more usages of recognizing human emotions and introducing all of them in good ways. Software programs regarding emotion detection and recognition technology are becoming seriously qualified for detecting actually the slightest facial corrections.</p><p>These types of can change might possibly be integrated in the generally known expressions connected to emotions like anger, happiness, sadness, and excitement, or will certainly are offered alone. These are generally called micro-expressions; they are small signals to exactly how anyone may possibly fake a facial expression without hammering the key body language and gestures. As the later are primarily natural, the emotion detection and recognition technology may also be used to help in security purposes. Emotion recognition is a technology being used in software which offers a program with the use of read and understand emotions on a human face. This is done utilizing advanced image processing technologies. Facial sensing and bio-sensing software are advancing very much huge popularity as they are in reference to quite a lot of sector verticals. This means,The <a href="https://kbvresearch.com/news/global-emotion-detection-and-recognition-market" target="_blank"><strong>Global Emotion Detection & Recognition Market Growth</strong></a> is forecasted to recognize extensive rate of growth in the coming years.</p></div>Save 54% on workers' compensation costs, just like Johns Hopkins Hospital didhttps://globalriskcommunity.com/profiles/blogs/save-54-on-workers-compensation-costs-just-like-johns-hopkins2017-09-12T13:39:41.000Z2017-09-12T13:39:41.000ZNelson Hendler, MDhttps://globalriskcommunity.com/members/NelsonHendlerMD<div><p><a href="{{#staticFileLink}}8028267453,original{{/staticFileLink}}">Self%20Insurer%202013.pdf</a><br />My company offers a system developed by Johns Hopkins Hospital doctors, which saves 54% on workers compensation costs just like Johns Hopkins Hospital did. You would realize comparable savings on other types of personal injury cases. I have attached an article from the Self Insurer, written by Dick Goff, the past president of the Self Insurance Institute of America which provides this information. <br /><br />My colleagues and I at Johns Hopkins Hospital published research showing that 40% -80% of chronic pain patients are misdiagnosed. (1,2,3). Therefore our group developed two Internet questionnaires: <br />1) The Pain Validity Test can predict if someone will have abnormalities on medical testing, with 95% accuracy, and predicts if they well not have abnormalities with 85%-100% accuracy. (4, 5). This test has always been admitted as evidence in 8 states (6). It can detect fraud for $300, instead of $2,500 for detectives, $1,500 for FCE and $1,700 for IMEs.</p><p><br />2a) The Diagnostic Paradigm renders medical diagnoses which have a 96% correlation with Johns Hopkins Hospital doctors. Correcting bad diagnoses can help to accurately set reserves. As an example, RSD carries a reserve of $!,000,000. But we published articles which show 71%-80% of patients told they have RSD really have nerve entrapment, which has a $50,000 reserve. Proper diagnosis can free up $950,000 in reserves, per case. Similar savings can be realized for “lumbar strain,” “fibromyalgia” and other commonly misdiagnosed cases.</p><p><br />2b) The Treatment Algorithm, based on the results of the Diagnostic Paradigm, this algorithm provides a list of the correct medical test to order, to confirm each diagnoses, which are far more accurate than X-rays, MRIs, and CT. and allow doctors to obtain the same impressive results which Johns Hopkins Hospital did. . As an example, the MRI does not identify disc damage, which is detected by the provocative discogram 78% of the time, and the CT misses pathology detected by the 3D-CT 56% of the time. However, most physician do not use provocative discograms or 3D-CT, which further contributes to the misdiagnosis rate (2).</p><p><br />Using clinical skills and special diagnostics produced a 54% savings in workers’ comp cost for Johns Hopkins Hospital, while improving patient care. (7). Using the two tests, one clinic was able to reduce medication use 90%, doctor visits 45%, and instead of a 1% return to work rate for claimant out of work for more than 2 years, the return to work rate was 19% for workers comp and 62% for auto accident cases (8).<br />We have documented cost savings between $20,000 to $175,000 a case, (9) by converting “sprain or strain or whiplash cases” which has lasted 3 months or more, with countless sessions of physical therapy and chiropractic care, into a properly diagnosed damaged disc missed by MRI, and CT, which can be readily treated, and resolved.</p><p><br />With proper diagnosis, and treatment, the fraudulent cases are weeded out, and the cases which need proper treatment get it, and then return to work. The insurance company still saves money, with improved patient outcomes.</p><p><br />These questionnaires, available in English or Spanish, can be found at <a href="http://www.MarylandClinicalDiagnostics.com">www.MarylandClinicalDiagnostics.com</a>. With 15 minutes training, any secretary can administer the tests, and results are available in 5 minutes. <br />If you would like me to arrange for you to use the tests for a free trial period, for a pilot study, please email me. <br />DocNelse@aol.com <br /><a href="http://www.MarylandClinicalDiagnostics.com">www.MarylandClinicalDiagnostics.com</a><br /><br />Nelson Hendler, MD, MS<br />former Assistant Professor of Neurosurgery <br />Johns Hopkins University School of Medicine<br />past president-American Academy of Pain Management</p><p>References: <br />1) <a href="http://www.slideshare.net/DiagnoseMyPain/overlooked-diagnoses-in-chronic-pain">http://www.slideshare.net/DiagnoseMyPain/overlooked-diagnoses-in-chronic-pain</a><br />2) <a href="http://www.slideshare.net/DiagnoseMyPain/cervical-fusion-for-misdiagnosed-headache-and-whiplash">http://www.slideshare.net/DiagnoseMyPain/cervical-fusion-for-misdiagnosed-headache-and-whiplash</a><br />3) <a href="http://www.slideshare.net/DiagnoseMyPain/fibromyalgia-abstract">http://www.slideshare.net/DiagnoseMyPain/fibromyalgia-abstract</a> <br />4) <a href="http://www.slideshare.net/DiagnoseMyPain/pvt-n83">http://www.slideshare.net/DiagnoseMyPain/pvt-n83</a><br />5) <a href="http://www.slideshare.net/DiagnoseMyPain/pvt-forensic-examiner">http://www.slideshare.net/DiagnoseMyPain/pvt-forensic-examiner</a><br />6) <a href="http://www.slideshare.net/DiagnoseMyPain/pvt-used-in-court-in-word">http://www.slideshare.net/DiagnoseMyPain/pvt-used-in-court-in-word</a><br />7) <a href="http://www.slideshare.net/DiagnoseMyPain/bernacki-j-occ-enviro-med">http://www.slideshare.net/DiagnoseMyPain/bernacki-j-occ-enviro-med</a> <br />8) <a href="http://www.slideshare.net/DiagnoseMyPain/validating-the-complaint-of-pain">http://www.slideshare.net/DiagnoseMyPain/validating-the-complaint-of-pain</a> <br />9) <a href="http://www.slideshare.net/DiagnoseMyPain/patient-cost-savings-documented-with-letters">http://www.slideshare.net/DiagnoseMyPain/patient-cost-savings-documented-with-letters</a></p></div>