BioCatch, a global leader in behavioral biometrics, announced today that it has closed a $30 million financing round, cementing its growth plan and vision to redefine digital identity and enable renewed trust in online interactions. […]
The battle against fraud never stops for the UK insurance industry, with our increasingly digital economy offering new ways for fraudsters to obtain cover using false details, make bogus claims or generate fake policy documents. […]
The emergence of more sophisticated criminals may be rendering many conventional trackers ineffective, with the caravan and motorhome industry particularly vulnerable, according to telematics expert In-car Cleverness. The increasing prevalence of advanced equipment, including scanners able […]
A fast food delivery driver from Merseyside concealed his true occupation and fraudulently purchased black box insurance coverage, courtesy of Coverbox, failing to take heed of the fact that the insurer did not cover delivery drivers. […]
ExamWorks Investigation Services’ MD Peter Sleigh says machine learning and anti-fraud pattern recognition will be the next frontier in fighting bogus claims. […]
Insurance Fraud Investigation: Video statement meta-tagging is essential for ExamWorks Investigation Services so its evidence is tamper proof and ready for the Courts […]
Telematics data captured by pioneering telematics provider insurethebox has thwarted a fraudulent insurance claim and saved more than £170,000, reinforcing the vital role of telematics data in combating motor insurance fraud. A total of five […]
Insurance fraud is big business. Last year, some 125,000 claims were detected in the UK, worth £1.3 billion, according to research by the Association of British Insurers. But could a new generation of AI (Artificial […]
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