Insurance companies will this year increase checks to detect suspected fraud. Last year, payments of close to SEK 600 million were stopped and the industry is now using more technical tools and artificial intelligence in the hunt for the criminals. During the year, the insurance companies will focus on reviewing documents, images and receipts that are used as a basis for claims. For example, it can be about signatures that look real in daylight, but when they are analyzed with ultraviolet or infrared light, it is discovered that they were written there afterwards because different materials reflect light in different ways. The industry is also increasingly investing in digitization and artificial intelligence to be able to detect fraud more effectively. By learning how a real person trades and completes transfers, it becomes easier for AI to identify anomalies and detect attempted fraud. Insurance companies also want fraudsters to be punished for their crimes and therefore place great emphasis on making accurate documentation that is handed over to the police. In the player above: See more about the increased controls.
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Want to uncover insurance fraud – with AI and increased controls
