TechRadar
'Connected data is transforming the fight against fraud': New report warns AI is fuelling a major rise in insurance fraud
AI is driving a rise in fake insurance claims
By TechRadar
Excerpt shared by Lazyfounder
·Excerpt
Zurich analysis of insurance claims has found that AI is behind 20% of fake claims
A complex pattern of seemingly unrelated false claims are believed to be coordinated by AI
Generative AI has been employed by organized crime rings to create fake evidence for non-existent incidents
AI has been driving a worrying rise insurance fraud, new analysis by insurance giant Zurich and AI analytics experts at Quantexa has claimed, with complex…
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