THE DIGITAL INSURER · INSURANCE OPERATIONS
Fraud
AI fraud detection with outcomes, and AI-enabled fraud: deepfaked photos, synthetic documents, voice cloning, synthetic identities.
Claims automationUnderwriting and pricingFraud
No brief on this sub-beat yet. Its items on the wire are below.
April 22, 2018 Munich Re and Fraugster use artificial intelligence to improve security of online sales ↗
Everest Group Recognizes Shift Technology as a Top 10 High Potential Payment Integrity Specialist Shift Technology recognized as a top Payment Integrity Specialist by Everest Group for its innovative AI-driven solutions transforming the health insurance claims process. ↗
Everest Group recognises Shift Technology as a top payment integrity specialist for its AI health claims work.
Also: JD Supra (insurance), Insurance Business (Australia), treasury.gov.au
Canada’s Life and Health Insurers are Fighting Fraud Using Advanced Artificial Intelligence The work we are doing with the CLHIA delivers a comprehensive, industry-wide perspective on suspicious behavior, benefitting all member organizations in their fight against fraud ↗
Canadian life and health insurers work with Shift on an industry-wide AI fraud initiative.
Shelter Insurance Goes with Shift for Claims Fraud Detection Shelter Insurance selected Shift Technology's AI to combat auto and property insurance fraud, enhancing customer service and operational efficiency. ↗
Guidewire Deepens Relationship with Shift Technology, Naming Shift its Strategic Partner to Help Mitigate Insurance Fraud The expanded partnership promotes rapid integration of Shift’s AI-powered fraud detection technology with Guidewire, improving efficiency and productivity ↗
Shift Technology and TransUnion Cement Data Sharing Relationship Shift Technology and external data provider TransUnion ink partnership to drive AI-powered fraud detection ↗
New AI Solution IFB Exploration Drives up Fraud Detection for Insurers IFB Exploration delivers one year of AI-powered fraud detection to protect UK insurers and their insureds. ↗
Direct Assurance adds Home Insurance Fraud Detection in Expansion of Relationship with Shift Technology Shift Technology and Direct Assurance announce their renewed collaboration for AI-based fraud detection. ↗
The General Insurance Association of Singapore and Shift Technology Expand Strategic Relationship on Fraud Management and Detection The General Insurance Association of Singapore (GIA) will extend its use of Shift Claims Fraud Detection on behalf of its member insurers. ↗
Shift Technology Partners with Sapiens to Streamline Fraud Detection for P&C Insurers Users of Sapiens IDITSuite for P&C insurers will soon be able to have alerts generated from Shift Claims Fraud Detection delivered directly into their claims management environment. ↗
Shift partners with Sapiens to deliver fraud alerts into Sapiens IDITSuite claims environments.
Shift Technology Taps into Legentic Data to Help Insurers Make Better Decisions About Suspicious Claims Shift and Legentic have entered a technology partnership. ↗
Shift partners with Legentic data to help insurers assess suspicious claims.
Life and Health Insurers to use Advanced Artificial Intelligence to Reduce Benefits Fraud Toronto, February 14, 2022 – The Canadian Life and Health Insurance Association (CLHIA) is pleased to announce the launch of an industry initiative to pool ↗
Canadian life and health insurers launch an industry initiative to pool data against benefits fraud using AI.
ISG and Shift Technology Join Forces to Help Detect and Deter Insurance Fraud Combination of Industry Leading Technology and Investigative Capabilities Results in Comprehensive Solution for Insurers BOSTON and DANVERS, Mass., Novembe ↗
ISG and Shift combine technology and investigations to detect and deter insurance fraud.
Amica Selects Shift Technology America’s Oldest Mutual Insurer of Automobiles Selects Shift for Claims Fraud, Underwriting Fraud and Subrogation Detection PARIS and BOSTON – October 26, ↗
Economical Insurance Selects Shift Technology for Fraud Detection Leading Canadian Property and Casualty Insurer to Automate Manual Process, Aiming for Improved Employee Productivity PARIS and BOSTON – August 11, 2021 – S ↗
SAISON Automobile and Fire Insurance Goes Live on Shift Claims Fraud Detection PARIS and BOSTON – June 24, 2021 – Shift Technology, a provider of AI-driven decision automation and optimization solutions for the global insurance indust ↗
Shift Improper Payment Detection Addresses $100+ Billion per Year Challenge Facing Health Insurers Latest Technology in the Shift Insurance Suite Gives Health Payers New Tools to Better Mitigate the Impact of Fraud, Waste, and Abuse PARIS and BOSTON – J ↗
Shift launches improper payment detection for health payers to curb fraud, waste and abuse.
Cegedim Insurance Solutions and Shift Technology Enter Partnership to Support Insurers in the Struggle Against Improper Healthcare Payments Paris and Boston, May 25, 2021 - Cegedim Insurance Solutions, a major player in software solutions and business services for personal insurance, and Shift ↗
Insurance Fraud Bureau signs ‘landmark partnership’ with Shift Technology to build fraud detection system for UK insurance industry IFB’s new system will launch in early 2022 and will use Artificial Intelligence (AI). With technology and fraud evolving faster than ever. ↗
Buckle Signs with Shift Technology for Fraud Detection Innovative Provider of Insurance for Rideshare Drivers to use Artificial Intelligence to Identify Suspicious Claims PARIS and BOSTON and JERSEY CITY, N.J. ↗
Buckle signs with Shift to use AI to identify suspicious rideshare driver claims.