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AI in Insurance Claims Processing: Emerging Trends and Applications

If you have ever filed an insurance claim, you know how it feels: calls on hold, forms to fill, days, sometimes...

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IFIG Working With Verisk on Anti-Fraud Intelligence Platform

his new partnership aims to share data which will help insurers spot potential fraud issues, here’s the word; The Insurance Fraud...

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What you need to know about AI scams

You’ve probably heard about the amazing things artificial intelligence (AI) can do, from quickly creating written content and images to making...

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Carriers Report Higher Claims Severity as Medical Inflation, Litigation Trends and AI Fraud Increase Complexity

A new industry report indicates that insurance carriers across North America are facing higher claims complexity and rising costs. Medical inflation,...

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Catching Fake Insurance Claims: Why Image Verification Has Become Essential

We’ve been working with reverse image search technology for years now, and one thing that keeps surprising us is how many...

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Verisk Unveils New ClaimSearch Tools to Detect Digital Commerce and Locate Assets in Insurance Investigations

Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, announced a strategic alliance with Legentic, a fraud and financial...

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National Disability Insurance Scheme introduces tighter identity checks to protect against fraud

The National Disability Insurance Scheme (NDIS) is securing its systems and services against fraud. Identity checks will be tightened to ensure...

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Blockchain in Insurance Market Set to Reach USD 82.56 Billion by 2033, Driven by Demand for Secure and Transparent Processes

The Blockchain in Insurance Market size was valued at USD 2.74 Billion in 2025E and is projected to reach USD 82.56...

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Comparative Study of Generative Models in Auto Insurance Fraud

Auto insurance fraud presents a significant challenge to the industry, costing billions of dollars annually. Traditional methods of detecting fraudulent claims...

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Younger people are increasingly victims of online scams due to AI technology

Protecting yourself from scamsThe Ohio Department of Commerce estimates that Ohioans collectively lose $150 million to scammers. Last year, in Cuyahoga...

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