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AI and the Fight Against Insurance Claim Fraud

Written by Insurance Business Magazine | Aug 30, 2022 8:38:44 PM

Claim fraud costs insurance companies billions of dollars every year in North America. Strengthening the claim process against fraudulent actors is an urgent mission for insurers, but these days, technology is doing a lot of the heavy lifting.

“One of the biggest challenges for claim handling is having a complete view of your customer and what their claim is about,” said Dan Donovan, VP of Customer Success & Solution Consulting in the Americas at Shift Technology.

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