From gut instinct to data-driven: How advanced data analytics is transforming insurance
Data is no longer a backend enabler—it is the engine driving transformation across the insurance value chain. What was once guided...
Read more
Instnt partners with Munich Re to expand fraud insurance capacity
Instnt, a venture-backed insurance technology company, has announced a strategic partnership with global reinsurer Munich Re to expand reinsurance capacity for...
Read more
AI improves insurance fraud detection by 14 times, issues policy within 15 minutes
Artificial Intelligence (AI) in the insurance sector is now carrying about half of the workflow. As a result, the time to...
Read more
From deepfakes to dodgy dealers: How AI and scams are driving up insurance risk
Recently a LinkedIn post went viral in which a woman faked her own car accident. She used AI to generate images...
Read more
CLARA Analytics study reveals AI as early warning system for insurance fraud
A groundbreaking CLARA Analytics study on fraud detection in property and casualty insurance claims has revealed that advanced analytical methods can accurately identify...
Read more
AI lessons from the cloud
The cloud didn’t disrupt the insurance industry overnight. What it did was unlock the conditions for disruption. Suddenly, lean startups could...
Read more
How serious a risk is AI-driven insurance fraud?
Recent data on insurance fraud is hard to come by. Estimates suggest that 10% of claims are either fabricated or inflated....
Read more
CLHIA taps AI to bolster financial stability, fight claims fraud
The Canadian Life and Health Insurance Association (CLHIA) is expanding its data pooling program and increasing its use of artificial intelligence...
Read more
Shelter Insurance adopts Shift Technology’s fraud detection solution
Shelter Insurance has implemented Shift Technology’s Shift Claims Fraud Detection solution in order to optimise defences against auto and property insurance fraud. Following...
Read more
Shelter Insurance adopts Shift Technology’s fraud detection tool
Shelter Insurance has implemented Shift Technology’s Shift Claims Fraud Detection tool to enhance defences against auto and property insurance fraud. The...
Read more