Infographic: Stopping High Cost Policy Fraud Networks with Shift’s Advanced Network Detection

Stopping high-cost hidden networks with advanced network detection

Across the globe, fraud networks cost insurers billions and drive up the combined ratio. Yet, networks are able to continuously defraud an insurer precisely because they appear as ideal, unrelated policies to underwriters. Shift's advanced network detection uses powerful algorithms to find connections and relationships across policies which would be virtually impossible for traditional underwriting checks to detect.

Shift’s AI helps insurers stop fraud and risk across the policy lifecycle. Whether premium leakage, policy fraud, ghost broking, or fraud networks, Shift enables insurers to find more risk and fraud.

Entity Resolution AI

Entity Resolution uncovers connections, such as name changes that might be similar or even related people. This can include people with prior fraud trying to stay hidden.

Unified Data

Unified data between policy and claims identifies potential connections between prior claimants, current policies, and possible fraud risk.

Identity Links

Identity Links uncover IP addresses and device IDs used across quote and policy history, revealing potential connections between policyholders, devices, and addresses.