The General Insurance Association of Singapore and Shift Technology Expand Strategic Relationship on Fraud Management and Detection

March 17, 2023

The strategic expansion builds on prominent successes[1] of the GIA Fraud Management System (FMS) and will support travel insurance fraud. Shift and the GIA have been collaborating in the fight against insurance fraud since 2017 when the Singapore-based trade association deployed Shift Claims Fraud Detection to help identify suspicious motor and travel insurance claims. “Recent significant successes in insurance fraud detection using FMS resulted in the conviction of multiple insurance fraudsters. About GIAEstablished in 1966, the General Insurance Association of Singapore (GIA) is the general insurance industry’s trade association whose membership comprises Ordinary Members licensed by the Monetary Authority of Singapore (MAS) to transact general insurance business in Singapore. Contacts:Rob MortonCorporate CommunicationsShift [email protected] LiCorporate CommunicationsGeneral Insurance Association of Singapore+65 6202 [email protected][1]Examples of successful convictions of travel insurance fraud cases first detected through the GIA FMS

The source of this news is from Shift Technology