Perspectives
Improve Underwriting Profitability by Stopping Fraud at the Door
August 30, 2024
Powerful AI to detect complex risk
Detection for each policy decision
Unified data to see more risk
Work with industry experts
Our robust and continually learning AI provides impact across the policy lifecycle. Whether premium leakage or policy hijacking, ghost broking or fraud networks, Shift enables insurers to find more risk and fraud.
Entity resolution
Uncover the hidden history and connections between policyholders, both past and present, to reveal prior claims and fraud.
Network detection
Agent gaming
Ghost Broking: Using AI to Stop the Growing Risk for Underwriters
Underwriters across the world have been stepping up to the challenges of digital policy fraud by deploying advanced AI, and the result is more than just fraud stopped. Underwriting and Policy Fraud experts James Tesdall and Gareth Evans discuss how Shift’s AI-powered Underwriting Risk Detection is helping insurers bust ghost broking networks across the world, and why AI is uniquely positioned as the tool Underwriters can use to stop this form of policy fraud.
Customer Success Stories
“A perfect example of what happens when a customer-first insurer adopts powerful technology”
Amica
"Shift's Underwriting Risk Detection generates more than $30M in annual underwriting mitigation while maintaining Underwriting staff levels.”
Top 5 US Auto Insurer
“We can best achieve our goals … by applying the right technology solutions to the challenge”
Markerstudy
Learn how Shift can help you successfully identify, investigate and prevent more fraud