Shift Technology

Our latest report is now available! In Vol. II of our State of AI in Insurance report, we dive into the performance of eight advanced Large Language Models (LLMs) tailored to several #insurance-specific use cases. Thank you to our dedicated #data scientists and research teams for making this comprehensive analysis possible! Explore which LLM is the best fit for your #technology strategy 👉 https://hubs.la/Q02GLVDB0

New Four Questions with piece! 📣 This week we speak with Customer Success Manager, Laura Horrocks on her #career path, common customer concerns and trends in the UK #insurance industry, and more. Read on here 👉 https://hubs.la/Q02LY06h0 #UKInsurance #CustomerSuccess

The need for US P&C insurers to modernize their #fraud detection systems in 2024 is more critical than ever. 🚨 With rising fraud sophistication, increased financial impact, and heightened regulatory scrutiny, C-suite executives can no longer afford to delay. Learn how technological advancements in #frauddetection can help insurers mitigate losses and maintain industry trust in our latest Perspectives piece here 👉 https://hubs.la/Q02L6V0V0

In the latest edition of Shift Insurance Perspectives, we dive into the dual impact of AI and #GenAI within the insurance sector. These tools are not only boosting efficiency and supporting critical processes like claims and #underwriting but also posing new fraud risks. ⚠️ Explore how #AI is both a powerful ally and a potential threat in the age of the “insurance deep fake” now 👉 https://hubs.la/Q02L6RW50

We’ll be heading to #IASIU2024 soon! 📣 Don’t miss our session on August 27 as our own Alicia Holmes and BGSA Law’s Vincent Gerbino explore the intersection of investigations, #data privacy, and #AI. Join us to discover the strategies needed for robust, ethical, and legally sound investigations in today’s fast-changing #insurance landscape. 👀 See you there! https://hubs.la/Q02L5YNj0

Claim edits are a #health plan’s first line of defense in ensuring payment accuracy and reducing costs. 💰 They rely on standards, policies, and guidelines at the national, state, or plan level. But with these constantly evolving rules, staying ahead is challenging. 🎥 Watch the clip now to hear Healthcare Data Scientist Juandiego Marquez explore how to effectively navigate this landscape and protect your plan from improper payments: https://hubs.la/Q02L6j730 #Healthcare #PaymentIntegrity

#DYK 2-3% of an insurer’s combined ratio can be attributed to fraudulent claims? 🤔 In the the fourth in a series of commentaries on the #combinedratio problem facing the global insurance industry, our own Jeremy Jawish explores why insurers must invest in effective claims #frauddetection and how it can be the difference between operating at a profit versus a loss 👉 https://hubs.la/Q02L6j8p0

Exciting news! 🎉We’re pleased to announce that we have been recognized as one of the top 150 global #insurtechs for 2024 by CNBC. This recognizes our commitment to innovation and excellence in the #insurance industry. 🤝 Read more here: https://hubs.la/Q02KN3d50

In our latest Perspectives piece, Solomon P. discusses how the threat of #healthcare fraud, waste, and abuse demands decisive action. 🎯 Learn how #AI and regulatory collaboration can protect insurers from financial losses and safeguard the integrity of #healthcare. Read on here: https://hubs.la/Q02KhrS90

How did our advanced entity resolution techniques uncover #fraud in a kitchen fire claim, saving our client $525,000? 👀 Watch Senior Data Scientist Brian Savage discuss the unique advantages of #AI in insurance #frauddetection and how it ensures accurate #claim analysis. Watch now 👉 https://lnkd.in/efF5tjqF