Run Time: 2:25
Cracking the Code: Fighting Insurance Fraud in the Age of AI
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Between the Lines explores how generative AI is transforming the insurance industry, highlighting expert insights on combating AI-driven fraud and staying ahead in an ever-evolving landscape. Carrier Management Deputy Editor Elizabeth Blosfield talks with Verisk's Shane Reidman about what they are seeing in this space.
Main Points include:
- AI's Dual Role in Insurance: Generative AI can enhance claims detection while also enabling sophisticated fraud, including deepfakes and manipulated documents.
- Expert Strategies for Fraud Prevention: Shane Reidman of Verisk emphasizes the importance of advanced anti-fraud technology, ongoing training, and recognizing traditional red flags to combat AI-enabled threats.
- Industry Insights Beyond AI: Carrier Management's Q4 issue also covers auto insurance changes, risks to watch, and the latest trends in Insurtech funding.
#InsuranceFraud #GenerativeAI #Insurtech #FraudPrevention #CarrierManagement
