Tag: fraud detection

Key global InsurTech investment stats in 2025: Global InsurTech funding declined by 20% YoY US firms secured six of the top 10 InsurTech deals...

Cytora has entered a new partnership with Pilotbird as it looks to strengthen fraud detection and claims accuracy for commercial and property and casualty insurers. Through...

In today’s evolving financial crime landscape, the insurance sector is facing increasing scrutiny. Long considered a low-risk area, both life and non-life insurance products are now being exploited for money laundering, sanctions evasion, and fraud.

Key European InsurTech investment stats in Q1 2025: European InsurTech funding decreased by 7% YoY in Q1 2025 UK dominated the European InsurTech deal...

AI in insurance market is expected to grow from $8.13bn in 2024 to $141.44bn by 2034, driven by investments in AI-powered risk assessment...

Cytora, a leading digital risk processing platform, has formed a strategic partnership with Xapien, an innovative company known for its AI-powered due diligence capabilities.

The buzz around Generative Artificial Intelligence (AI) in the insurance sector is undeniable. Each keynote, panel, and networking break at business conferences seem to...

Artificial Intelligence (AI) has become a pivotal force in the retail sector, offering an innovative solution to the daunting challenge faced by retailers. Scanbot...

FRISS, an automated fraud and risk detection solution for P&C insurance companies, has found insurance carriers are putting focus on fraud prevention through a new survey.