Insurance fraud is a massive issue, costing ~$80billion each year in the USA alone. This gets passed on to customers as higher premiums, in turn meaning that billions of the most vulnerable people worldwide cannot afford the protections they provide whilst everyone gets worse service and value due to the required checks. BlockFrauds helps insurers create an ecosystem of their data and tools for best fraud detection. It then applies a range of cutting edge technologies, including AI and its proprietary algorithms, in advanced speech analytics and image analytics for even better detection.Something looks off?
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