AI & Machine Learning: Transforming Fraud Prevention in Insurance

Insurance fraud is a growing global concern, costing the industry billions annually. According to the Coalition Against Insurance Fraud, fraudulent claims contribute to nearly £60 billion in losses each year, increasing premiums for honest policyholders.

https://medium.com/@sudhanshua....garwal95/ai-machine-

AI & Machine Learning: Transforming Fraud Prevention in Insurance | by Sudhanshu Agarwal | Mar, 2025 | Medium
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AI & Machine Learning: Transforming Fraud Prevention in Insurance | by Sudhanshu Agarwal | Mar, 2025 | Medium

Insurance fraud is a growing global concern, costing the industry billions annually. According to the Coalition Against Insurance Fraud, fraudulent claims contribute to nearly £60 billion in losses…