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“Fraud Detection in Insurance Claims using Artificial Intelligence”
Over the last few years, the need to have stronger cyber & data security has risen even among the everyday individual as well as businesses. This need for security is applicable to the insurance industry. Having understood this need and the market scenario, quite a few enterprises have developed and deployed AI based digital solutions for fraud detection, especially in the claims functionality.
Artificial Intelligence within the insurance industry has overhauled the claims management process by making it better, faster,and with fewer errors. Subsequently, it will help offer better customer experience and business growth.