Traditional techniques for identifying and countering GenAI-enabled vehicle insurance fraud are notably limited, especially ...
ScienceSoft will participate in the Insurance Transformation Summit 2025, one of the key events in the US on insurance technology and innovation. Insurance professionals and technology leaders will ...
Financial fraud loss is on the rise. In 2024, 40% of financial institutions saw an increase in fraud-related losses compared to 2023. The cost of fraud loss for financial institutions goes beyond ...
Used correctly, AI can help insurers move faster, identify risk more accurately, and reduce costs without replacing human ...
BOSTON and PARIS, Nov. 20, 2025 /PRNewswire/ -- The Insurance Council of Australia (ICA), Shift Technology, the leading AI platform for insurance, and EXL, a global data and AI company, today ...
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AI-Based Insurance Fraud Detection: Hybrid Models Will Help Minimise Losses And Improve Accuracy
In one of the major breakthroughs in the insurance sector, an experiment by a researcher, Chetan Sasidhar Ravi, which was published in the journal ThinkAI by Springer, has come up with complex hybrid ...
When embedded within a case management framework, Agentic AI can detect subtle anomalies, highlight inconsistencies, and surface patterns traditional systems miss.
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