Shift Technology Raises $60M to Expand Use of AI for Fraudulent Claims Detection

by Insurance Journal

Shift Technology has raised $60 million in new venture financing, money that will help grow the reach of its artificial intelligence and big data technology designed to help carriers detect fraud during the claims process.

Plans call for using the cash infusion to fuel research, new product development and further global expansion, particularly in the U.S. and Japanese markets.

Shift Perspectives

Defeating fraud: the key to automating claims with confidence

November 19, 2019

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International Fraud Awareness Week: New Solutions for an Old Problem

November 18, 2019

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Tear Down The Walls: Liberating Siloed Data to Drive Innovation

November 11, 2019

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Shift Seminar Tokyo: Providing Answers to the Questions on the Minds of Japanese Insurers

November 8, 2019

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Accurate fraud detection is the key to automated claims decisions.

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