defend-id’s Post

📃 ❌ Discover how a leading insurance carrier enhanced their fraud detection and investigative capabilities with Skopenow's comprehensive #OSINT platform. Dive into our case study to see how we helped reduce the organization's loss ratio while boosting their bottom line. Download now: https://bit.ly/4dEMWtb #InsuranceInnovation #FraudPrevention #OSINT #CaseStudy

😳 Seriously, what do the 1,150 people at FMCSA actually do every day while they're "at work"? If there's one place that should be at the FRONT lines of combatting fraud and the freight underworld, it's the 1,150 people who clearly couldn't make the grade at Yellow, Convoy, Celadon, Surge, or Meadowlark...and so our "gubberment" friends at FMCSA appear to have opened their arms to these people as long as they could spell "Reefer" properly. Look, FMSCA, to say that you need "more data" to combat fraud is like me saying I need to physically see the electrons that power my toaster in the morning, or my bread didn't really get toasted. Sh1t...if I can get a text message when my wife opens Netflix on a new device why can't you deploy the same type of technology? Heck, when I order a dozen Krispy Kreme's to get delivered to the house I have to enter a 5-digit code that's emailed to me when I log in (don't judge me...they're therapeutic donuts - and prescribed by my doctor). 1,150 people. To MAINTAIN a registration database (poorly). Is it me just me...???? The likes of Highway, FreightValidate ✅, MyCarrierPortal, RMIS | Registry Monitoring Insurance Services, Trustd, and others are doing an amazing job with "tens" of people, tiny budgets, and a lot of good ol' entrepreneurial CREATIVITY. Do better, FMCSA! Read the full article at: https://lnkd.in/e7b3NSmF Onward. I've got PRODUCTIVE things to do...and data to locate. 🚀 Tim at AscendTMS (TheFreeTMS.com) By InMotion Global, Inc.

This is a very interesting article especially if you're in the CX in Call Centre. I've seen how AI is being used in the call centre coaching space but not on the other elements as indicated in the article. I wonder which insurer has signed this deal and if the ROI will be met within 6 months. Interesting indeed!! 5th industrial revolution is here.

🚨 Webinar Alert! Discover why Verisk chose to partner with innovators from across the insurance ecosystem. Together with FRISS, one of the first ClaimSearch Partners, we are revolutionizing fraud detection and empowering insurers. #Verisk #FRISS #InsuranceFraud #Webinar

Experience the dual benefits of eData's Vehicle Fraud Detection tool: exceptional fraud detection and enhanced data management for operational excellence. "Our commitment to transparency and excellence is stronger than ever," states Mr. Pascal Persoon, Founder & CEO of eData. Not only does this innovative product minimize the risk of insurance fraud, but it also promises substantial savings by preventing fraudulent claims—transforming the landscape of the insurance industry. 👉 Are you ready to step into the future of insurance? Visit www.edata.digital today. Join us in creating a more secure and efficient insurance environment! 🛡️ #eData #FraudDetection #VehicleInsurance

𝗡𝗼 𝗿𝗲𝘀𝘁 𝗳𝗼𝗿 𝘂𝘀! Next stop Insurance Innovators Fraud & Claims conference in London. Straight off the plane from Denver and another awesome National Association of Mutual Insurance Companies (NAMIC) Claims Conference and the Programable AI team are already warming up for tomorrow’s Insurance Innovators Fraud & Claims #IIFraudClaims24 event. We’re looking forward to comparing the hottest trends and key topics among our US and UK #insurtech colleagues – what are the major pain-points for insurers at the moment? 🔍 How can I detect sky-rocketing amounts of fraud?   ⚙️ Affordable and practical mitigation against claims inflation?   📲 No suitable software to give to my team?   💲 Paying too much for your fraud detection solution?   What we know for sure is that our new SaaS software ‘𝗙𝗿𝗮𝘂𝗱 𝗚𝗿𝗮𝗽𝗵’ received a huge amount of attention in Denver – perhaps because it’s the first 𝗣𝗿𝗼𝗯𝗮𝗯𝗶𝗹𝗶𝘀𝘁𝗶𝗰-𝗔𝗜 𝗳𝗿𝗮𝘂𝗱 𝗱𝗲𝘁𝗲𝗰𝘁𝗶𝗼𝗻 and 𝗿𝗶𝘀𝗸 𝗽𝗿𝗶𝗼𝗿𝗶𝘁𝗶𝘀𝗮𝘁𝗶𝗼𝗻 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 that delivers a no-brainer cost-benefit profile to any sized insurer? 𝗜𝘁 𝘄𝗮𝘀 𝘀𝗼 𝗽𝗼𝗽𝘂𝗹𝗮𝗿 𝘁𝗵𝗮𝘁 𝘄𝗲 𝗼𝗻𝗹𝘆 𝗵𝗮𝘃𝗲 𝗹𝗶𝗺𝗶𝘁𝗲𝗱 𝘀𝗽𝗮𝗰𝗲𝘀 𝗼𝗻 𝗼𝘂𝗿 𝗯𝗲𝘁𝗮 ‘𝗙𝗿𝗮𝘂𝗱 𝗚𝗿𝗮𝗽𝗵’ 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗽𝗿𝗼𝗴𝗿𝗮𝗺. Would you like to try ‘𝗙𝗿𝗮𝘂𝗱 𝗚𝗿𝗮𝗽𝗵’ for free? If you would, let’s get connected on LinkedIn and get the conversation started: John Blamire - CEO Paul Fondie – Chief Product Officer www.fraudgraph.ai #insuranceinnovation #insurancefraud #ai

KOOPERATIVA poisťovňa, a. s. VIG partners with Resistant AI to revolutionise fraud detection in insurance claims Kooperativa, a leading insurer part of the Vienna Insurance Group, has embraced Resistant AI’s Document Forensics technology to combat fraudulent insurance claims. Read the story here: https://lnkd.in/dwqZX7RS #FinTech #RegTech #InsurTech

🚀 Revolutionizing Fraud Detection in Insurance with IT Integration 🚀 In the fast-evolving world of insurance, the fight against fraud has never been more crucial. One of our clients, a leading insurance company, was struggling with outdated methods that just couldn't keep pace with increasingly sophisticated fraud tactics. But through our partnership, they achieved remarkable success! 🌟 Challenges they faced: - Data inconsistencies across departments - Limited capabilities for real-time analysis - Inefficient collaboration tools - Difficulty in accessing external data for verification Our solutions: - Seamless IT system integration for unified data flow - AI-driven algorithms for fraud detection - Advanced tools to enhance cross-departmental collaboration - Integration with external data sources for thorough verification The results speak for themselves: 🚀 40% increase in fraud detection rates ⏱️ 30% reduction in claim processing time ✅ Enhanced data accuracy and consistency 🤝 Stronger collaboration across the organization At Massil Technologies, we’re committed to shaping the future of fraud detection through innovation and integration. As fraudsters evolve, so must our strategies. Our advanced IT solutions empower insurance companies to stay ahead, ensuring accuracy, efficiency, and security in every step. Let’s embrace the future of fraud detection together. 💪 #Insurance #FraudDetection #ITIntegration #Innovation #MassilTechnologies #FutureOfInsurance #TechForGood

KOOPERATIVA poisťovňa, a. s. VIG partners with Resistant AI to revolutionise fraud detection in insurance claims Kooperativa, a leading insurer part of the Vienna Insurance Group, has embraced Resistant AI’s Document Forensics technology to combat fraudulent insurance claims. Read the story here: https://loom.ly/g4bkR-Y #FinTech #RegTech #InsurTech

Our team of Smartnumbers experts had the privilege of attending the Insurance Innovators Fraud & Claims event last week, delving into the fraud operational depths and challenges facing the insurance industry. 🏢🔍 🚀 The event highlighted the pressing need for a technological leap forward, particularly in claims, to develop an ecosystem enriched by data, AI and collaboration. 🛡 Despite the introduction of the Consumer Duty in July 2023, which has reshaped expectations, insurance fraud remains a socially nuanced issue, with both opportunistic and organised schemes on the rise. 💬 During the event, a pivotal question was raised about the shift of fraud towards the telephony channel, highlighting a significant blind spot in the industry. This underscores the ongoing battle against fraud.