AI for Marine Insurance
Intelligent Fraud Detection in Claims
Identify anomalous patterns, inconsistencies, and networks of fraudulent activity in your claims data to detect and prevent fraud, saving millions in losses.
The Challenge: The Hidden Drain on Profitability
Insurance fraud is a multi-billion dollar problem. From opportunistic exaggeration of legitimate claims to organized criminal networks, fraudulent activity quietly drains profitability. Human investigators are skilled, but they can't possibly scrutinize every single claim for subtle signs of deception.
The Marinode-AI Solution
Our AI acts as a tireless fraud detective, augmenting the capabilities of your investigation team. It sifts through every claim, looking for the tell-tale patterns and hidden connections that signal fraudulent activity, allowing your team to focus their efforts where they'll have the most impact.
Our AI learns what a 'normal' claim looks like for different incident types. It automatically flags claims with unusual characteristics, such as exaggerated costs or inconsistent damage reports, for further review.
Uncover hidden networks of fraudulent activity. The platform analyzes connections between claimants, surveyors, and repair shops to identify organized fraud rings that would otherwise go unnoticed.
Our system analyzes submitted documents and images for signs of tampering or forgery, adding another layer of defense against sophisticated fraud attempts.
Automatically prioritize and assign suspicious claims to your Special Investigation Unit (SIU). Provide investigators with a complete case file, including all the reasons a claim was flagged, to accelerate their work.
Protect Your Bottom Line
Discover how our AI-powered fraud detection can help you pay claims faster, deny fraudulent ones with confidence, and significantly improve your combined ratio.