insurance fraud

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How AI Can Prevent Insurance Fraud

How AI Can Prevent Insurance Fraud

Insurance companies lose billions to fraud every year. Most insurers have anti-fraud programs in place, but losses continue to rise. Predictive models use old data and trends to predict what is...

5 Suspicious Signs of Insurance Fraud to Watch Out For

5 Suspicious Signs of Insurance Fraud to Watch Out For

Insurance agencies devote a lot of time and resources to detecting fraudulent claims. That’s because insurance fraud has always been a problem, and rates are on the rise. Even if fraud investigation isn’t your primary duty as an insurance claims adjuster, you’ll still need to know which red flags to watch out for when interviewing claimants and making your report. As someone who’s been in the insurance industry since 2008, I’ve developed a good sense of who is telling the truth and who is trying to be shady. Now I’m here to help you sharpen your lie-detection skills as well.