Life & Income Protection

Prevent unnecessary pay outs and costly litigation

Detecting and proving fraud in life and protection policies and claims is complicated involving months of manual investigation. If detection is even successful, significant benefits have often already been paid, and costly litigation is required to recoup anything. Shift's AI solutions enable life and income protection insurers to make fast, accurate decisions in real time on both individual and group lines,  delivering a measurable impact from underwriting to claims processing and fraud detection.

• AI based platform detects missing and false information on applications and claims upon submission
• Protect premiums for genuine insureds and avoid costly litigation by preventing fraud and financial crime ahead of any benefit payments
• Save thousands of hours of investigation time as Shift's AI detection and visualisation shows handlers precisely why it has flagged cases
• Gain a unique graphical viewpoint of beneficiaries, their claims history, employments and relationships with other insureds and providers
• Support for compliance efforts including Know Your Customer (KYC) and Anti-Money Laundering (AML) initiatives