Welcome to the future of data sharing
Earlier this year, Shift Technology launched the Insurance Data Network (IDN), an innovative multi-insurer data exchange that provides real-time insights to enhance fraud detection across the claims lifecycle. A powerhouse of cross-carrier data, IDN unlocks new levels of fraud detection impact. On average, detected fraud networks increase 3x in size with IDN.
How IDN and shared claims data improve upon rules-based and AI-powered methods
- Basic claims fraud detection. Internal rules & models are limited to individual claims fraud detection, blind to suspicious provider and network behavior.
- AI-powered claims fraud detection. Advanced network and provider detection identifies suspicious behavior earlier, leveraging single insurer claim data to uncover potential issues.
- Claims fraud insights & detection with IDN. IDN provides a comprehensive industry-wide view of fraud using cross-carrier prior loss claim and provider data. Automatically and proactively identifies problematic provider and network behavior.
