1ST CENTRAL Selects Shift Technology to Spot Potential Fraud in the Claims and Application Process
1ST CENTRAL's customer-centric approach to motor insurance combines affordable premiums with a focus on simplifying the overall insurance experience for policyholders. Minimizing the impact of fraud on its business has long been one of the company's driving principles. Following an exhaustive evaluation of the fraud detection solutions available, 1ST CENTRAL selected Force due to its market-leading technology.
Force uses artificial intelligence and advanced data science to identify suspicious actions which may indicate an attempt to defraud insurers. In addition, the technology can also identify the often-hidden links between seemingly unassociated individuals or networks of individuals. This insight into fraud networks, when combined with the insurer's own data and that from third-party sources, is incredibly useful when applied to the objective of spotting the potential for fraud.
"For insurers like 1ST CENTRAL, which place incredible value on delivering an exemplary customer experience, stopping fraud is of primary importance," explained
About Shift Technology
Shift Technology delivers the only AI-native fraud detection and claims automation solutions built specifically for the global insurance industry. Our SaaS solutions identify individual and network fraud with double the accuracy of competing offerings, and provide contextual guidance to help insurers achieve faster, more accurate claim resolutions. Shift has analyzed hundreds of millions of claims to date and was presented
About 1ST CENTRAL
1ST CENTRAL is a car insurance broker which formed in 2008 and is firmly established as a top 10 supplier in the
1ST CENTRAL – the trading name of
Contacts:
Shift Technology
+1.617.416.9216
[email protected]
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SOURCE Shift Technology
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