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How AI Is Changing The Insurance Sector And Mitigating Fraud

SUMMARY AI technologies, including machine learning (ML), natural language processing (NLP), and computer vision, are revolutionising the way insurers approach fraud...

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How AI is revolutionising auto insurance customer experience

Non-life premiums are forecast to grow by an annual average of 8.3% during 2024‒28, driven by economic growth, improvement in distribution...

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AI adoption gaining momentum in insurance – poll

The acceleration of artificial intelligence (AI) technology is being viewed as key to driving efficiency and operational improvements within the insurance sector. However,...

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LDI Warns of Online Hurricane Francine Scams

The Louisiana of Department of Insurance (LDI) is warning residents to be cautious of online scams related to Hurricane Francine insurance...

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Deepfake scams hit 29% of New Zealanders, fuelling fears of AI-driven fraud

Nearly 29% of New Zealanders and 18% of businesses have been targeted by deepfake scams in the past year, according to...

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Healthcare Fraud Detection Market Set for Explosive Growth to US$ 13.21 Billion by 2033, Led by North America’s Over 45% Market Share | Key Players – IBM Corporation, SAS Institute Inc., UnitedHealth Group

The Healthcare Fraud Detection Market reached US$ 2.59 billion in 2024 and is projected to reach US$ 13.21 billion by 2033,...

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How AI Is Changing The Landscape Of Car Insurance Customer Service

The car insurance industry is undergoing a transformative shift, driven by the rapid advancement of Artificial Intelligence (AI). AI is revolutionising...

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Navigating the AI Arms Race in Claims

As artificial intelligence technology continues to evolve, claims professionals must adapt to the changing landscape in the fight against fraud. While...

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How can digital verification help insurers fight fraud and foster customer trust?

Canadian insurance companies are facing one of their biggest challenges yet: mitigating rising fraud and compliance risk, while also providing a...

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Revolutionizing Auto Insurance Claims With Generative AI

The auto insurance industry is a dynamic one. Therefore, companies need to stay up-to-date with the latest technologies to gain a...

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