Claims transformation 2030: Building customer trust and protecting value
How embedded sensors, connected data, and AI-driven claims analytics will help fuel a transformation in the property and casualty insurance claims...
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Briefing: How has Ifed evolved its approach to online ghost brokers?
Detective inspector Simon Klust, deputy head of the City of London Police’s Insurance Fraud Enforcement Department, explains how the police unit...
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Insurers warn about fake and manipulated images being used in claims
Insurers have raised concerns about fake and manipulated images being used in claims. Some people are using advances in technology to...
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Funds transfer fraud, business email compromise, major cause of cyber insurance claims —Report
The insurer’s 2024 Cyber Claims Report has disclosed that funds transfer fraud and business email compromise were the predominant cause of...
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AI In The Crosshairs: Allianz Takes Aim At Fraudulent Insurance Claims
Allianz, an insurance giant, has taken a stand against fraudsters who are utilizing artificial intelligence (AI) to manipulate images and fabricate...
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How AI is being used to commit car insurance fraud
Artificial intelligence (AI) is being used to detect cancer cells, write essays… and commit insurance fraud. Scammers have been caught using...
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AI poses challenges, offers tantalizing solutions to insurers fighting fraud
The UK offices of Zurich Insurance Group (Zurich) received a motor insurance claim from a driver not insured by Zurich. The...
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42.5% of Fraud Attempts Detected Use AI, Finds Report
Signicat has announced a new report on the growing threat of AI-driven identity fraud in partnership with independent consultancy Consult Hyperion....
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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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