i-law

Insurance Day

AI has changed the rules on insurance fraud

Artificial intelligence-enabled fraud is an escalating corporate insurance challenge for insurers, brokers and risk managers   

FOR corporate insurance buyers, fraud has always been part of the risk landscape. Inflated repair costs, exaggerated business interruption losses, questionable liability claims and manipulated supporting evidence are familiar pressure points for claims teams and risk managers. What has changed is the speed, scale and credibility with which those pressures can now be manufactured.

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