AND-E’s Post

Our latest blog post, "A primer on insurance fraud detection and the power of GenAI technology," sheds light on the capabilities of GenAI in combating insurance fraud. Discover how GenAI generates net-new content and helps insurers identify sophisticated fraudulent techniques. Read more here. #InsuranceFraudDetection #GenAI #Technology https://pwc.to/4ffR97w

Fraud is a constant and ever-evolving threat in the global insurance industry. To stay ahead of the curve, we're collaborating with AI experts Mind Foundry and the Aioi R&D Lab – Oxford. 𝐁𝐮𝐭 𝐰𝐡𝐚𝐭 𝐝𝐨𝐞𝐬 𝐟𝐫𝐚𝐮𝐝 𝐚𝐜𝐭𝐮𝐚𝐥𝐥𝐲 𝐥𝐨𝐨𝐤 𝐥𝐢𝐤𝐞? Following a recent report by Insurance Post and LexisNexis, we spoke with Jan Martin, Head of Third-Party Claims (UK), to shed light on the most common types of insurance fraud. Learn more about these schemes and how we're using cutting-edge technology to fight them 🔗 https://lnkd.in/dWJS2gtC #insurancefraud #aiininsurance #claims

The digital deception: The rise of AI insurance fraud threatens the industry and consumers https://ow.ly/TJ0F50T1qGk Momentum #SmallBusiness #BusinessTips #RiskManagement

As you're scrolling LinkedIn, you probably also have 3minutes to watch this conversation between digitalscouting's Dr. Robin Kiera and Dr. Moritz Finkelnburg. Moritz talks about the challenges for insurance companies now insurance fraud is on the rise. He advocates for better digital processes and effective use of AI to support the claim adjusters in their daily duties. Spoiler alert; there's a remarkable fraud case revealed at the end of the video :-) #insurance #digitaltransformation FRISS Nicola Virzi

🎯 How insurers can outsmart fraud with AI Fraud tactics are evolving fast — and insurers need to stay ahead. Watch Verisk's Shane Riedman share insights alongside Sam Krishnamurthy (Turvi) and Darcy Rittinger (Cover Genius) as they discuss: 🔹 The AI arms race in insurance claims 🔹 Strategies to outpace emerging fraud tactics 👉 Watch Now: https://vrsk.co/3ZYfk5n Stay sharp. Stay ahead. Stay protected. #VeriskLeadership #Fraud #AI #Risk #Insurance #InsurTech

Our blog post, "A primer on insurance fraud detection and the power of GenAI technology," sheds light on the capabilities of GenAI in combating insurance fraud. Discover how GenAI generates net-new content and helps insurers identify sophisticated fraudulent techniques. Read more here. #InsuranceFraudDetection #GenAI #Technology https://pwc.to/3NRCqUk

Are fraudulent insurance claims draining your bottom line? ▶ Join our upcoming #webinar with Michael Moore, from Neo4j to learn how to fight back using #GenAI and #Graph. In this webinar, discover how investigators can:  - Boost claim fraud detection accuracy by over 45% - Stay ahead of evolving state regulations ️ - Optimize claim investigations for faster processing This webinar is perfect for insurance professionals looking to: - Reduce costs associated with fraudulent claims - Improve investigative efficiency - Ensure compliance with anti-fraud regulations Reserve your spot for this informative session and gain valuable insights into the future of insurance claim investigations. 👉 Register: https://lnkd.in/g2ZYdcQy

Join our free webinar on Wednesday 9th October from 12.00 - 13.00 UK looking at the trends and challenges of Insurance Investigations. We will be joined by RPC for this session, along with Ashu Sharma (CFE, CCEP-I, CFCS) Hamza Zarrouk, AXA, Ronan Guckian, Metlife and Chris Durrant, Aviva. We will discuss how technological advancements, changing regulatory environments, and emerging fraud schemes are shaping the field of insurance investigations across different regions. Key topics will include the adoption of artificial intelligence and machine learning in fraud detection, the impact of social media and digital footprints on investigations, and the challenges posed by cross-border insurance fraud. The webinar will also address the ethical considerations and data privacy concerns that arise with advanced investigative techniques, as well as strategies for balancing thorough investigations with customer experience. Attendees will gain insights into best practices for adapting to these global trends and overcoming common challenges faced by internal investigators in the insurance industry. Register here: https://lnkd.in/ehcsKXRm #insurance #investigations #investigator #fraud

Insurers are leveraging deepfake detection technology to combat fraudulent claims effectively. Discover how this cutting-edge software is transforming the insurance industry. #InsuranceFraud #TechInnovation #insurtech Read more:

Insurance Innovators Fraud & Claims is reuniting on 25th February 2025 in London. Join Europe’s largest and most innovative insurance players to navigate the constantly evolving fraud and claims landscape! 🔥 What to expect: ✅Setting the agenda for the industry Senior executives from Arch, Allianz, esure and Travelers set out their strategic priorities for the years ahead. ✅Exposing today’s fraudster How can we tackle the increasingly tech-savvy modern fraudster? Leaders from AXA, RSA and the ABI discuss how to stay one step ahead. ✅Technological revolution in claims Which AI tool works best for your organisation? Leading innovators from Flock Cover and Aviva showcase their pioneering claims technologies. ✅Opportunities in data How can data be best employed in the fight against fraud? Hear Zurich, CIFAS and the IFB talk collaboration and compliance. ✅Championing CX How do customers want their claims handled, and how does this differ across demographics? Empathy, automation, AI – all unpacked by AXA, Beazley and Hiscox leaders from throughout Europe. ✅Prevention and prosecution From enhanced biometrics tools to establishing an effective deterrent, IFED, Domestic & General and the IFB share insights from the frontline of the battle against financial crime. ✅Consumer Duty – next steps The FCA gives an update on Consumer Duty, best practice and where companies need to do more. ✅Claims supply chain How can claims supply chains be made more efficient, resilient and sustainable? Hiscox, Tryg and Marshmallow discuss improvements to supply chain operations. Download the brochure to find out more >>> https://lnkd.in/dDXCVQHT #IIFRAUDCLAIMS25 #insurance #innovation #fraud #claims #digital #cx