The Insurance Fraud Bureau (IFB) has announced plans to introduce a unified counter-fraud solution in partnership with Shift Technology.
Scheduled for launch in 2026, the new platform will integrate the IFB’s industry-wide counter-fraud databases into a single system aimed at strengthening fraud detection and streamlining investigative processes across the insurance sector.
The consolidated platform will combine insurers’ transactional, suspected, and confirmed fraud data with fraud investigation case management. IFB explained that this integration is designed to improve fraud detection capabilities and make counter-fraud operations more efficient and effective across the industry.
By consolidating these datasets, IFB members will be able to make quicker and more informed decisions on suspected fraud cases. The platform will also enhance the IFB’s ability to foster collaboration with members and external agencies, supporting a more coordinated approach to tackling fraud.
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