Question: I'm looking for an AI-powered tool that can detect fraud in insurance claims and improve the overall process.

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ForMotiv

ForMotiv is a behavioral analytics platform designed specifically for the insurance industry. It uses machine learning to analyze digital behavioral data points in real-time to predict user intent and prevent premium leakage. The platform can help carriers predict purchase intent, prevent fraud and monitor agent activity.

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Sardine

Another option is Sardine, which offers a broader fraud prevention and compliance suite. It uses deep device intelligence and behavioral biometrics to detect fraud patterns and stop a variety of fraud types, including identity fraud, account takeover and payment fraud. The platform is geared for banks, retailers and fintechs, but insurance companies can benefit from it, too.

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IPQS

If you're looking for a more general purpose AI-based fraud detection system, IPQS offers a sophisticated system with algorithms that scrutinize more than 300 data points. It includes features like proxy and VPN detection, email verification and fraud scoring. It can be integrated with popular tools like Hubspot and Salesforce, so it's easy to get up and running and can handle businesses of all sizes.

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