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Équité Association, Shift Technology partner to create AI-powered fraud detection platform

Written by Insurance Business Magazine | 09-Mar-2023 21:50:00

Canadian anti-fraud organization Équité Association has entered into a partnership with Shift Technology to develop a national fraud detection system.

The partnership will see the two collaborate to make the first national, consortium-based P&C platform that utilizes artificial intelligence (AI) to detect and prevent insurance fraud. The platform – which leverages Shift Technology’s AI and machine learning solutions – will enable real-time capture of suspicious activity, and support Équité’s investigations team, as well as the insurers and partners the group works with.

Read the full article here.