Forum Discussion

Shyam_Bhatt's avatar
Shyam_Bhatt
Icon for Quantexa Team rankQuantexa Team
2 years ago

The changing shape of fraud in the UK market - ABI Fraud Statistics

With the latest release of the ABI fraud statistics, there have been some interesting numbers highlighted. The figures indicate that the total number of fraudulent claims detected fell by 19%. But l...
decision-intelligence
fraud
Insurance
Areefih_Ghaith's avatar
Areefih_Ghaith
Icon for Quantexa Team rankQuantexa Team
2 years ago

I wonder how AI is also being used to inflate these claims too, e.g. through tampering or creation of fake images or GenAI being used to help fraudsters problem solve and beat the systems