AI-Based P/C Claims Fraud Detection Solutions: A Market Overview

Insurers are turning to cloud-based solutions to ease deployment and to analyze the growing data volume.  

March 22, 2022 –The demand for insurance claims fraud detection solutions is growing as insurers implement real-time fraud detection techniques to detect and prevent opportunistic and organized fraud across multiple lines of business and jurisdictions.

This Aite-Novarica Group vendor analysis report evaluates the AI-based P/C claims fraud detection solution market, lists key market trends affecting fraud detection specific to P/C claims, and provides vendor profiles based on factual responses to a universal request for information (RFI), product demonstrations, and vendor client feedback. This report profiles the following vendors: BAE Systems Digital Intelligence, Daisy Intelligence, FRISS, Quantexa, SAS, and Shift Technology.

This 46-page Impact Report contains three figures and six tables. Clients of Aite-Novarica Group’s Property & Casualty service can download this report and the corresponding charts.

This report mentions CRIF Decisions, DataWalk, DXC Technology, EvolutionIQ, IBM, INFORM, LexisNexis Risk Solutions, Metromile,, Palantir, Skopenow, Synectics Solutions, and Verisk.

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