Government-backed AI project to take on insurance fraud

Insurance fraud, which the government said cost the UK £3 billion in 2017, is about to get a new nemesis. Intelligent Voice Ltd, Strenuus Ltd, and the University of East London are jointly developing an artificial intelligence (AI) software aimed at combining AI and voice recognition technology to detect and interpret emotion and linguistics in efforts to assess the credibility of insurance claims. The collaboration is among 40 AI projects backed by the UK government through £13 million in funding. Initiatives, which will begin work this month, include an online bot designed to answer legal queries and a flood analysis tool that will utilise drone imagery.

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