ILS insurtech investigating operations after alleged fraud
Online commercial reinsurance intermediary Vesttoo Ltd. said Thursday it is looking into “inconsistencies” at the company in the wake of news...
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Using smart digital solutions to combat financial fraud in the insurance sector in South Africa
The insurance sector in South Africa serves as a vital component of the country’s economy, offering financial protection to individuals and...
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High-tech ways to identify insurance fraud
Fraud-related events and disruptions over the last three years have accelerated digital-driven initiatives as consumers demanded seamless online experiences across industries...
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Verisk launches next generation of insurance fraud analytics in Israel with Kyndryl Technology
Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, announced that it has implemented a suite of technology services for...
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Lemonade shatters record by using AI to settle a claim in two seconds
InsurTech firm Lemonade has broken a world record by settling an insurance claim within two seconds by using AI and machine...
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Insurance fraud finds a new enemy in Verisk’s advanced image forensics
Insurers in the United States now have a new weapon from Verisk in the battle against claims fraud: image forensics. Verisk...
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CCC, Verisk partner to mitigate APD, AI claim fraud
CCC Intelligent Solutions and Verisk Analytics have announced a partnership to mitigate auto physical damage (APD) claims fraud, specifically those possible...
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AI in auto insurance market – major technology giants in buzz again | Allstate, WorkFusion, Lemonade
The latest study released on the Global AI in Auto Insurance Market by AMA Research evaluates market size, trend, and forecast...
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Harnessing the power of AI in the insurance sector
The insurance industry has undergone significant changes over the years. The integration of advanced technologies such as artificial intelligence (AI) has...
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