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Fighting Fraud with Jeroen Morrenhof of FRISS
Manage episode 300803404 series 2974451
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Insurance claims fraud has and continues to be a major challenge the P&C industry faces – while the exact cost remains difficult to quantify, it has been estimated that fraud may be costing insurers in the US alone over $80 Billion USD per year. In this partner podcast episode of Conversations on the Creek, Rob Savitsky and Zach May from Duck Creek chat with Jeroen Morrenhof of FRISS about some of the recent claims fraud schemes that insurers are experiencing, how AI-powered fraud detection scores can help claim adjusters fight fraud, and the steps insurers can take to stop scammers and make insurance more honest. https://www.duckcreek.com/partner/friss/
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