Clearspeed’s Post

Insurance companies face ongoing threats from sophisticated fraud tactics especially when enabled by technology- the so-called double-edged sword in fraud detection. According to the Coalition Against Fraud, “Insurance fraud costs consumers in the United States a staggering $308.6 billion annually.” Fraudsters inflict significant financial losses on insurers and erode trust among policyholders. So now, more than ever, adapting and innovating are required to safeguard insurers. #InsuranceFraud #InsurTech #FraudDetection

Matthew Grant meets with Paul Carroll, editor-in-chief of Insurance Thought Leadership (ITL), on the InsTech podcast to discuss the impact of technology on the insurance industry. The episode covers Paul's investigative journalism background including written works such as ‘Big Blues’. Paul explains that the future of insurance is about integrating technology into an ecosystem that drives innovation and efficiency with real-time data to improve risk assessment, personalized and seamless customer service, and sharp business models. The conversation also delves into topics such as increased efficiency with generative AI, other key trends, and the role of thought leadership in shaping the future of insurance. Tune in for a compelling discussion here: https://lnkd.in/gKypUV3G

⭐Exciting Opportunity at Clearspeed!⭐ Do you possess strong project management skills, a high technical aptitude, and have a passion for customer service? Join the Clearspeed UK team as a remote Client Support Specialist. In this role you will serve as the first level of support for clients and organize project details to ensure seamless operations. If you’re ready to make an impact and grow with us, learn more and apply for this position by visiting: https://lnkd.in/eAfb-acV #OpenRole #ClientSupportSpecialist #TeamPlayer #JobAlert

Thank you Manjit Rana for representing us at ITC DIA Europe! Watch the video to hear his insights on the evolving insurance industry landscape amidst emerging technologies. #ITCDIAEurope2024 #FutureofInsurance #InsuranceInnovation

Washington State Auditor and fraud detection leader Brandi Pritchard notes that COVID-19 ushered in new kinds of fraud risks in state and local governments, particularly related to remote work, phishing scams, and electronically altered documents. Governments are managing $4 trillion annually from evolving threats and need to stay attentive in safeguarding public funds. The need for strong and consistent internal controls and oversight is critical #FraudDetection #TechnologyInnovation 

Sports integrity pioneer and sports law and arbitration expert Professor Richard McLaren discusses how PROTECT SPORT’s voice analytics was used as part of a broader assessment process to identify high risk boxing judges at the AIBA World Championships. Read the full story: https://lnkd.in/gRA9pVhJ #protectsport #sportsintegrity #riskassessment #voiceanalytics

Who better to provide an insider’s perspective on getting the most out of your presence at an industry event? Check out Manjit Rana’s POV in Modern Insurance Magazine.

Clearspeed is honored to be recognized in CNBC’s inaugural list of the World’s Top Insurtech Companies! 🌏🏆 This award is presented by CNBC and Statista Inc., and highlights our dedication to driving efficiency across the insurance lifecycle. Our focus on streamlining processes, improving risk assessment, and enhancing decision-making is central to our mission. Thanks to everyone who has been a part of this journey. We look forward to continuing to push boundaries of what’s possible in insurance technology! https://lnkd.in/gi8n_eAs #CNBC #WorldsTopInsurtech #InsurTech

Here we go again! The Clearspeed team is thrilled to be sponsoring 2023 GP2 British Champion Cameron Fraser (#66) at Thruxton Circuit this weekend! We can’t wait to see him in action pushing the limits on the track! If you’d like to learn more about our track days, get in touch ➡ https://lnkd.in/gHWW8gqG #BritishSupersport

It’s projected that the number of fraudulent banking and money transfer transactions in the UK will increase by 111% over the next five years. The incoming Payment Systems Regulator reimbursement regulation will aim to tackle APP (Authorized Push Payment) fraud which raises concern about transaction speeds impact. The study shows that technological measures such as AI based fraud detection and prevention are necessary to combat the growing threats from fraudsters. #FraudPrevention #Fintech