12 / 11 / 2018

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 types of insurance fraud, with a particular focus on those involving multiple claims submissions and syndicates.