SHIFT TECHNOLOGY BRINGS NEW ACCELERATOR TO GUIDEWIRE MARKETPLACE
New Claim Fraud Accelerator Speeds Fraud Detection for Guidewire Cloud Customers
According to new figures released by the Coalition Against Insurance Fraud, insurance fraud costs the US economy a record
"Shift and Guidewire have already proven how effective the delivery of fraud alerts directly into the Guidewire claims management environment can be through the earlier Add-on for ClaimCenter," said
Shift Claims Fraud Detection is the company's pioneering solution that brings together the power of Artificial Intelligence and advanced data science to help insurers find previously undetectable fraud during the claims process. Shift's data-centric approach to fraud detection reduces false positives to drive more efficient workflows, identifies simple cases of individual fraud and more sophisticated network fraud schemes, and delivers clear contextual guidance and supporting documentation to speed investigations. The Claim Fraud Accelerator allows for Shift alerts to be delivered to the Guidewire environment in both real-time and recurring data transfer to best meet the needs of the customer. As important, using the accelerator can save as much as 50 percent of overall implementation time depending on customer requirements and in many situations can be in production in just over two months.
"Speed, accuracy, and flexibility are critical in the fight against insurance fraud," explained
About Shift Technology
Shift Technology delivers AI decisioning solutions to benefit the global insurance industry and its customers. Our products enable insurers to automate and optimize decisions from underwriting to claims, resulting in superior customer experiences, increased operational efficiency, and reduced costs. The future of insurance starts with Decisions Made Better. Learn more at www.shift-technology.com.
Contacts:
Shift Technology
+1.617.416.9216
[email protected]
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SOURCE Shift Technology
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