HKFI launches anti-fraud AI database

The Hong Kong Federation of Insurers (HKFI) has announced the launch of a new anti-fraud database driven by artificial intelligence (AI). The Insurance Fraud Prevention Claims Database (IFPCD), which launched on 1 December, utilises cutting-edge AI technology to detect different…

December 11, 2018
By ITIJ

NICB & Shift Announce Strategic Partnership

Shift Technology, a solution provider with a focus on enabling insurance organizations to successfully tackle the ongoing and growing claims fraud challenge, and the National Insurance Crime Bureau (NICB), the nation’s premier not-for-profit organization dedicated exclusively to fight insurance fraud…

October 9, 2018
By Shift & NICB

Claims Magazine Cover Story: Winning the War on Fraud by Dan Donovan

Insurance claims fraud isn’t new — it’s been around since the inception of our industry in the 17th century. Yet it is an industry challenge that continues to worsen at an alarming rate as fraudsters become more sophisticated and organized.

September 12, 2018
By Dan Donovan