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Three Trends Shaping the Future of Healthcare
Healthcare has evolved over the past few years, particularly in light of the COVID-19 pandemic. Many evolutionary changes were already in store even pre-pandemic. Artificial intelligence (AI) technology and wearable
AI and Photo Validation: Game Changers for Personal Property Insurance
If you insure your home and automobile, chances are you may also have separate coverage for personal property. Whether it’s an engagement ring, an antique, a hard-to-replace family heirloom, or
Profitability and Reducing Risk in Insurance with Innovative Insurtech
As an insurer, one of your main goals is to improve your combined ratio by lowering expenses, reducing losses, and optimizing premiums for each exposure. This is easier said than
GPUs are bringing expansive scale to media fraud detection
Over the past few years, AI-based technologies have been driving digital innovation in the insurance sector in areas such as digital fraud detection. However, the tools that detect signs of
Fighting Digital Media Fraud in Insurance
Across any industry, it’s always advisable to keep a watchful eye to understand and track the risk of digital media fraud. For the insurance industry, which already plagued by billions
Digital Media Fraud Risks Across the Insurance Ecosystem
“Trust but Verify” was an old Russian proverb often quoted by President Ronald Reagan in the context of nuclear disarmament discussions with the Soviet Union. Later, Secretary of State John
Digital Media Fraud Threats in the Insurance Ecosystem
Through the process of digital transformation, insurance has grown increasingly reliant on digital media to make actionable decisions regarding the condition of insured assets for both claims and underwriting. This
The Use of Photos in Insurance: An Evolution
In our ebook “Combatting digital photo and media fraud in insurance“, we discuss emerging threats, risks, prevention but we begin by discussing the applicability of photos to insurance. Insurance The
5 Confessions of an Insurance Underwriter
We recently sat down with a savvy insurance professional with an extensive background in underwriting to learn more about the challenges within this role. Times are definitely changing for Underwriters