Sarah Glenn’s Post

Our Head of Counter Fraud Bobby Gracey , is featured in the latest edition of Modern Insurance Magazine. In his insightful article pg. 43, Bobby dives into the compelling topic of "People Power vs. Automation in the Fight Against Fraud." He explores the innovative use of automated document scanning for both incoming and outgoing documents, showcasing how this technology significantly improves the accuracy of authenticity verification. Discover more about our groundbreaking FraudKeeper product and its revolutionary impact on fraud detection and prevention by clicking the link below. https://lnkd.in/eTah3YTM #FraudPrevention #Automation #Innovation #Insurance #FraudDetection #TechInnovation #ModernInsuranceMagazine

AI in Fraud Prevention: A must-attend roundtable for insurance professionals.📢 Join us at The Ned, London, on 21 January 2025, for an exclusive roundtable event hosted by Davies - Consulting Division & Smartnumbers. We'll be discussing the transformative role of Artificial Intelligence in combating fraud in the insurance sector. Industry leaders will explore key topics such as: ✅ Leveraging digital advancements to mitigate fraud risk in underwriting and claims. ✅ Securing the contact centre, the weakest link in fraud prevention. Don’t miss this opportunity to gain first-hand insights from case studies in both banking and insurance, and discover the latest trends from our AI impact survey. 👉 Spaces are limited – register today to secure your spot: https://hubs.li/Q02_V6dK0

AI in Fraud Prevention: A must-attend roundtable for insurance professionals.📢 Join us at The Ned, London, on 7th November, for an exclusive roundtable event hosted by Davies - Consulting Division & Smartnumbers. We'll be discussing the transformative role of Artificial Intelligence in combating fraud in the insurance sector. Industry leaders will explore key topics such as: ✅ Leveraging digital advancements to mitigate fraud risk in underwriting and claims. ✅ Securing the contact centre, the weakest link in fraud prevention. Don’t miss this opportunity to gain first-hand insights from case studies in both banking and insurance, and discover the latest trends from our AI impact survey. 👉 Spaces are limited – register today to secure your spot: https://hubs.li/Q02Vtj6W0

Meet eData's latest innovation, the Vehicle Fraud Detection (VFD) tool—your new frontline defense against motor insurance fraud. Tired of the hassles with non-GCC spec vehicles insured as GCC spec at inflated values? Our cutting-edge tool leverages advanced AI and big data analytics to identify these discrepancies, ensuring integrity and preventing financial losses in the insurance sector. Interested in how this technology can protect your business and enhance industry standards? 👉 Explore the future of fraud prevention at www.edata.digital. Let's accelerate towards a fraud-free future together! #InsuranceTech #FraudDetection #VehicleInsurance

Insurance Fraud Prevention in the Big Data Era https://lnkd.in/eBvYxY-c Big data is transforming the fight against insurance fraud and learn how advanced analytics and data-driven solutions are revolutionizing fraud prevention in the insurance industry. #InsuranceFraud #InsuranceIndustry #BigData #Insurtech #Innovations #IW #IWNews #IndustryWired

🛡️ Step into the future of fraud prevention with our latest insights on AI in Fraud Detection! Discover how AI is not just fighting fraud but transforming profitability in insurance. Ready to reduce risks and boost your bottom line? 💼 #FraudPrevention #AIInnovation #ZLabs

The past financial year has presented some firsts in fraud for Domestic and Commercial Motor insurers, such as the emergence of fraudulent claims using artificial intelligence to doctor vehicle images. In @Taylor Fry’s RADAR FY2024 general insurance report, I discuss how AI is being sought not only by fraudsters but also by insurers to better detect fraud – and how this situation seems likely to intensify, at least in the short term. For details and more insights on this class and others, download RADAR FY2024 https://bit.ly/3CpnoTl. #RADARFY2024 #Insurance #ThoughtLeadership

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

#industryinsightsfriday Fraud is a constant and ever-evolving threat in the global insurance industry. The latest report by Insurance Post and LexisNexis reveals the challenges insurers in the UK face and the most common types of fraud. At AND-E, we recognize the importance of staying ahead of these challenges to protect our customers and business. In partnership with our parent company, Aioi Nissay Dowa Insurance, the Aioi R&D Lab Oxford, and Mind Foundry, we have developed a powerful AI solution designed to combat fraud. This innovative technology is generating significant benefits for our claims teams by enabling quicker claims handling and reducing claims costs. Most importantly, it is enhancing our customers' experience, offering an improved and seamless journey.   Discover how we're using cutting-edge technology to create insurance solutions for a simpler, safer, and smarter future 🔗 https://lnkd.in/dWJS2gtC #insurancefraud #aiininsurance

Do you know the hidden challenges of implementing fraud detection software in the insurance industry? 𝗛𝗲𝗿𝗲’𝘀 𝗮 𝗵𝗲𝗹𝗽𝗳𝘂𝗹 𝗶𝗻𝘀𝗶𝗴𝗵𝘁… If you can address the insights shared in the following slides, you’re setting your organisation up for success with minimal disruption and maximum impact. Click the slideshow to discover more 👇 Ready to unlock more insights and strategies for effective fraud detection? We are excited to launch our 𝗠𝗼𝗻𝘁𝗵𝗹𝘆 𝗕𝗹𝗼𝗴 𝗦𝗲𝗿𝗶𝗲𝘀 on LinkedIn. You also can read the full article here: https://lnkd.in/eQQNBKEr ⏱️ #frauddetection #aifraud #fraudsoftware