ScienceSoft will participate in the Insurance Transformation Summit 2025, one of the key events in the US on insurance technology and innovation. Insurance professionals and technology leaders will ...
Azure customers gain access to pre-trained, pre-tuned entity resolution AI delivered as an SDK, with accurate results from day one and ready for enterprise scale-up LAS VEGAS--(BUSINESS WIRE)--Senzing ...
Financial fraud loss is on the rise. In 2024, 40% of financial institutions saw an increase in fraud-related losses compared to 2023. The cost of fraud loss for financial institutions goes beyond ...
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AI-Based Insurance Fraud Detection: Hybrid Models Will Help Minimise Losses And Improve Accuracy
In one of the major breakthroughs in the insurance sector, an experiment by a researcher, Chetan Sasidhar Ravi, which was published in the journal ThinkAI by Springer, has come up with complex hybrid ...
Insurers in the U.S. lose roughly $308 billion to fraud per year—nearly 25% of the industry’s total value. Within the property and casualty and auto insurance sectors alone, annual fraud losses can ...
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