Programable AI @ProgramableAI

Beware of Car Insurance Scams🚗 Fraudulent schemes like staged accidents and unauthorized towing are on the rise, leading to higher premiums for honest drivers. Stay alert and report suspicious activity to the National Insurance Crime Bureau.#CarInsurance foxbusiness.com/fox-money/auto…

🚨 AI is transforming fraud detection, helping federal agencies uncover over $1 billion in fraud this year. With advanced machine learning, fraud is being detected faster and more accurately than ever before, reducing risks across industries. #AI abc7.com/post/ai-helped…

🌏APAC Leads with AI in Insurance Fraud Prevention! AI is revolutionising fraud detection in the Asia-Pacific, identifying suspicious patterns with speed and precision. This proactive approach boosts security and efficiency across the insurance sector. insuranceasia.com/insurance/news…

🤖 AI Transforms Fraud Detection in Law Enforcement! AI helps agencies detect fraud faster by analyzing data and spotting patterns, making investigations more efficient and accurate. A key tool in outsmarting evolving schemes! thomsonreuters.com/en-us/posts/go… #AI #FraudDetection

🚨 UK Drivers: 10 Years in Prison for Insurance Fraud Over £1.1B in fraudulent car insurance claims detected in 2023. Drivers face up to 10 years in prison and unlimited fines. Fraud raises premiums and threatens road safety. Stay alert! #InsuranceFraud birminghammail.co.uk/motoring/motor…

The Association of British Insurers (ABI) reported over £1 billion lost to insurance fraud in 2022, with more than 72,000 fraudulent claims identified. As fraud rates rise, the industry is ramping up efforts to combat it using advanced technologies and data analytics. #ABI

Florida CFO Jimmy Patronis has deployed 13 law enforcement teams to tackle fraud during Hurricane Helene's recovery. This initiative aims to protect legitimate victims and deter bad actors from exploiting disaster recovery efforts. floridapolitics.com/archives/69882… #HurricaneHelene

🛫 At Innovate This 2024, experts urged better data sharing to combat rising travel insurance fraud. A UK-specific fraud database is needed, along with advanced tech like Programable's FraudGraph. #TravelInsurance #FraudPrevention #AI penningtonslaw.com/news-publicati…

💰Allianz UK's Graham Burge reports a rise in insurance fraud driven by financial hardship. As costs rise, so do fraudulent claims. Allianz is enhancing detection with advanced tech and data analytics.#InsuranceFraud #FraudPrevention #Allianz insurancetimes.co.uk/news/shift-fro…

🚀 AI is transforming forensic accounting with real-time fraud monitoring! It identifies anomalies and flags suspicious activities quickly, allowing early detection and reducing investigation costs. #ForensicAccounting #FraudDetection #AI cpapracticeadvisor.com/2024/09/12/for…

🚨 The UK has introduced a new offense for failure to prevent fraud! Large organizations can be held liable for not implementing effective anti-fraud measures, emphasizing the need for strong internal controls. #FraudPrevention #UKLaw skadden.com/insights/publi…

Huge congrats to our CEO, John Blamire, for winning the Judges’ All Round Favourite Pitch Award at InsurTech Hartford Pitch Night! 🚀His pitch for fraudgraph.ai wowed the judges with its innovative fraud solutions. We're incredibly proud of John’s leadership and vision!