RiskShield by INFORM’s Post

In the complex world of Property & Casualty insurance, artificial intelligence is reshaping how risk is assessed, priced, and managed. From predictive analytics to machine learning-driven underwriting models, AI is empowering insurers to identify hidden risk patterns, reduce fraud, and make faster, data-informed decisions. As technology evolves, professionals across the industry must adapt to new tools and strategies that enhance precision and efficiency—without losing sight of human judgment. At James Search Group, we’re closely following how AI innovations are transforming the insurance landscape and what this means for actuaries, underwriters, and data leaders alike. We’d love to hear your thoughts: How is AI changing the way you or your organization approaches risk assessment? Read the full article for deeper insights and examples shaping the future of insurance: https://wix.to/EAMIh7n #ArtificialIntelligence #Insurance #RiskAssessment #DataInnovation #InsurTech #JamesSearchGroup

Did you know Aviva uncovered £116,000,000 in insurance fraud in a single year?😱 Discover how: https://ow.ly/RNX430sQAfm Aviva didn't catch 11,000+ fraudulent claims by hiring more people. They deployed Tungsten Automation’s TotalAgility! Result: A 39% year-over-year increase in fraud detection.☑️ Impact: Handlers are now prosecuting fraud, not drowning in manual reviews. ☑️ The right AI is the answer. It's not about automation; it's about intelligent, ROI-driven orchestration that protects your bottom line. Is your current tech stack costing you money or protecting it? #FraudDetection #IntelligentAutomation #InsuranceTech #TungstenAutomation #CaseStudy #DigitalTransformation

Did you know Aviva uncovered £116,000,000 in insurance fraud in a single year?😱 Discover how: https://ow.ly/JCoj30sQvC9 Aviva didn't catch 11,000+ fraudulent claims by hiring more people. They deployed Tungsten Automation’s TotalAgility! Result: A 39% year-over-year increase in fraud detection.☑️ Impact: Handlers are now prosecuting fraud, not drowning in manual reviews. ☑️ The right AI is the answer. It's not about automation; it's about intelligent, ROI-driven orchestration that protects your bottom line. Is your current tech stack costing you money or protecting it? #FraudDetection #IntelligentAutomation #InsuranceTech #TungstenAutomation #CaseStudy #DigitalTransformation

Did you know Aviva uncovered £116,000,000 in insurance fraud in a single year?😱 Discover how: https://ow.ly/Z3Ce30sQMrW Aviva didn't catch 11,000+ fraudulent claims by hiring more people. They deployed Tungsten Automation’s TotalAgility! Result: A 39% year-over-year increase in fraud detection.☑️ Impact: Handlers are now prosecuting fraud, not drowning in manual reviews. ☑️ The right AI is the answer. It's not about automation; it's about intelligent, ROI-driven orchestration that protects your bottom line. Is your current tech stack costing you money or protecting it? #FraudDetection #IntelligentAutomation #InsuranceTech #TungstenAutomation #CaseStudy #DigitalTransformation

Did you know Aviva uncovered £116,000,000 in insurance fraud in a single year?😱 Discover how: https://ow.ly/TwUf30sQKkF Aviva didn't catch 11,000+ fraudulent claims by hiring more people. They deployed Tungsten Automation’s TotalAgility! Result: A 39% year-over-year increase in fraud detection.☑️ Impact: Handlers are now prosecuting fraud, not drowning in manual reviews. ☑️ The right AI is the answer. It's not about automation; it's about intelligent, ROI-driven orchestration that protects your bottom line. Is your current tech stack costing you money or protecting it? #FraudDetection #IntelligentAutomation #InsuranceTech #TungstenAutomation #CaseStudy #DigitalTransformation

Did you know Aviva uncovered £116,000,000 in insurance fraud in a single year?😱 Discover how: https://ow.ly/erFc30sQH2w Aviva didn't catch 11,000+ fraudulent claims by hiring more people. They deployed Tungsten Automation’s TotalAgility! Result: A 39% year-over-year increase in fraud detection.☑️ Impact: Handlers are now prosecuting fraud, not drowning in manual reviews. ☑️ The right AI is the answer. It's not about automation; it's about intelligent, ROI-driven orchestration that protects your bottom line. Is your current tech stack costing you money or protecting it? #FraudDetection #IntelligentAutomation #InsuranceTech #TungstenAutomation #CaseStudy #DigitalTransformation

In today’s Expert Contributor, Juan Ignacio Gonzalez, Director General, HDI Seguros México, explains how ethical AI is crucial for efficient insurance fraud detection and safeguarding trust. Don't miss 'Redefining Insurance Fraud Detection With AI: Purposeful Rigor': Article Link: https://lnkd.in/ed5_jFEn Audio Link: https://lnkd.in/eRDmzdgr Out now! #MBN #MexicoBusiness #ExpertOpinion #AudioArticle

Did you know Aviva uncovered £116,000,000 in insurance fraud in a single year?😱 Discover how: https://ow.ly/Nrv030sQWlM Aviva didn't catch 11,000+ fraudulent claims by hiring more people. They deployed Tungsten Automation’s TotalAgility! Result: A 39% year-over-year increase in fraud detection.☑️ Impact: Handlers are now prosecuting fraud, not drowning in manual reviews. ☑️ The right AI is the answer. It's not about automation; it's about intelligent, ROI-driven orchestration that protects your bottom line. Is your current tech stack costing you money or protecting it? #FraudDetection #IntelligentAutomation #InsuranceTech #TungstenAutomation #CaseStudy #DigitalTransformation

It was great to join the Claims Fraud Ecosystem Summit held by NCCU yesterday. Fraud detection has been a topic of discussion for years, ever since the rise of big data. While our first fraud detection model at Cathay Life was around 7-8 years ago, this type of ML model hasn't seen significant improvement due to data limitations. The purpose of this summit is trying to set up a platform for insurance companys to share their data for building a model with better prediction. I did raise a critical question regarding the complexities of applying Federated Learning and standardizing diverse data formats. However, it is truly inspiring to witness the insurance industry's willingness to collaborate. Beyond the data and tech, the most lovely thing is to meet all my old friends from Cathay and Prudential.

Each week, I try to allocate some time to monitor the #insurancefraud topics being discussed. And being conference season, it's insightful to see what is (and isn't) being spoken about. And it's always worth scanning a little wider than our immediate insurance domain, to see the #opportunities and #risks being seen in other sectors that could benefit our own controls and fraud response. Just now, I'm seeing three recurring themes: -> Synthetic identities - and if this threat is both understood and being labelled consistently -> Data sharing - driven by economic crime strategy and what this could mean in operational impact vs benefit -> Agentic AI and Human-in-the-loop - the appetite and states of adoption Be interested in how these will be covered in our sessions on #fraud and #claims at Insurance Innovators Summit on 4th November. 💡 I'll be considering these over the next couple of weeks - but interested in other views out there about the topics of moment in counter fraud both UK and globally.