Fraud Management

How Is AI Revolutionizing Insurance Fraud Detection?
Risk Management How Is AI Revolutionizing Insurance Fraud Detection?

In an era where digital transactions dominate and fraud schemes grow increasingly complex, the insurance industry faces a staggering challenge with losses amounting to billions annually due to deceptive claims. The FBI highlights that over 7,000 insurance companies in the US manage more than $1

Federal Judge Halts Key ACA Marketplace Rules, Sparks Debate
Regulatory & Compliance Federal Judge Halts Key ACA Marketplace Rules, Sparks Debate

Imagine a system designed to provide millions of Americans with affordable healthcare suddenly thrown into disarray by a single court ruling, sparking intense debate among stakeholders. A federal judge in Maryland has halted several key provisions of the Affordable Care Act (ACA) Marketplace rules

How Is Nigeria's Cybercrime Crackdown Shaping Global Markets?
Risk Management How Is Nigeria's Cybercrime Crackdown Shaping Global Markets?

In a world increasingly defined by digital interactions, Nigeria has emerged as an unexpected frontrunner in the battle against cybercrime, implementing stringent regulations in 2025 that are transforming its digital landscape and rewriting its narrative as a former hotspot for online fraud.

Why Is Cargo Theft Surging and How Can Brokers Respond?
Regulatory & Compliance Why Is Cargo Theft Surging and How Can Brokers Respond?

Welcome to an insightful conversation on the escalating issue of cargo theft, a challenge that’s hitting record highs across North America. Today, we’re joined by Simon Glairy, a seasoned expert in insurance and Insurtech, with deep expertise in risk management and AI-driven risk assessment. With

How Is AI Transforming Risk Mitigation in Insurance?
Technology & Trends How Is AI Transforming Risk Mitigation in Insurance?

What if an insurance company could foresee a devastating hurricane's impact or spot a fraudulent claim before it drains millions? In 2025, artificial intelligence (AI) is making this a reality, transforming how insurers tackle risks tied to catastrophic events and deception. This technology isn't

Ohio Security Sues Law Firm Over Double Settlement Payment
Regulatory & Compliance Ohio Security Sues Law Firm Over Double Settlement Payment

Imagine a scenario where an insurance company, in good faith, pays out a settlement only to discover it has paid twice for the same claim due to alleged fraud, a situation that Ohio Security Insurance Company now faces in its ongoing lawsuit. This legal battle against The McKee Law Group and an

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