Shift Technology Brings New Accelerator to Guidewire Marketplace

New Claim Fraud Accelerator Speeds Fraud Detection for Guidewire Cloud CustomersBOSTON and PARIS, October 18, 2022 – Shift Technology, a provider of AI-driven decision automation and optimization solutions for the global insurance industry, today announced availability of its Claim Fraud Accelerator in the Guidewire Marketplace. Insurers using Guidewire Cloud for claims management can now have fraud alerts from Shift Claims Fraud Detection delivered directly into the environment their claims professionals use every day. According to new figures released by the Coalition Against Insurance Fraud, insurance fraud costs the US economy a record $308.6 billion annually, with property and casualty fraud representing $45 billion of that figure. The integration of Shift Claims Fraud Detection and Guidewire Cloud, via the new Claim Fraud Accelerator, meets this complex challenge. “Speed, accuracy, and flexibility are critical in the fight against insurance fraud,” explained Drew Whitmore, head of partnerships, Shift Technology.