New AI Solution IFB Exploration Drives up Fraud Detection for Insurers

October 04, 2023

There has been a six-fold increase in searches (over 3,500 a month) conducted by UK insurers to detect fraud and uncover fraud networks, thanks to IFB Exploration - the new AI-driven counter-fraud solution launched by the Insurance Fraud Bureau (IFB) one year ago*. IFB is a not-for-profit organisation that works with insurers and the police to investigate organised insurance fraud. Over 500 investigators from across 95% of the General Insurance Market are IFB members and have access to IFB Exploration. Enquire about the benefits of partnering with IFB and gaining access to IFB Exploration: TO NEWSROOMNotes*IFB Exploration launched in October 2022. Media enquiriesPlease contact [email protected] IFBThe Insurance Fraud Bureau (IFB) is a not-for-profit organisation at the heart of the UK’s fight against insurance fraud.

The source of this news is from Shift Technology