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Cracking the Code: Fighting Insurance Fraud in the Age of AI

Insurance Journal Podcast
Insurance Journal Podcast
Episode • Dec 19, 2024 • 2m

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:

  1. AI’s Dual Role in Insurance: Generative AI can enhance claims detection while also enabling sophisticated fraud, including deepfakes and manipulated documents.
  2. 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.
  3. 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

The post Cracking the Code: Fighting Insurance Fraud in the Age of AI appeared first on Insurance Journal TV.

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