How Will AI Work Against Insurance Fraud?

| December 23, 2019

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Insurance scams cost the U.S. economy tens of billions of dollars each year. Now, insurers are adding artificial intelligence to their fraud-fighting toolkit. My company uses AI to stop e-commerce payment fraud by detecting unusual behavior and stolen data. Insurance claims are less standardized and more complex than a typical online purchase, but the industry is finding ways to use AI to reduce fraud by policyholders, providers and criminal gangs.

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Frankenmuth Insurance

Frankenmuth Insurance has been providing peace of mind for families and businesses for 150 years. Because insurance is both complicated and critical to people’s lives, we work exclusively with independent agents.

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Spotlight

Frankenmuth Insurance

Frankenmuth Insurance has been providing peace of mind for families and businesses for 150 years. Because insurance is both complicated and critical to people’s lives, we work exclusively with independent agents.

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