AI-Powered Claims Fraud Detection for P&C Insurers
The first AI platform focused specifically on the needs of Insurers, enabling them to stop claims fraud and make fast, fair, and accurate decisions
$5B+
6/10
4/10
10K+
110+
200+
$5B+
6/10
4/10
10K+
110+
200+
Claims fraud costs U.S. insurers $308 billion a year. Let’s fix that.
From opportunistic individual fraud to organized networks, insurers face an array of claims fraud efforts. Shift enables insurers to find more fraud, empowers investigators, and improves insurers’ loss ratios.
Case management
Strategic Insights
KPIs & reporting
Shift continuously improves our AI-powered detection enabling teams to tackle more complex and sophisticated cases with the same resources.
Network Analysis
200+ data scientists
AI & UI updates
Insurers know that better data means better fraud decisions. Partnering with Shift provides access to the best external data sources, delivering over a third increase in fraud stopped.
Global data approach
Pre-built integration
Strategic partnership strategy
Our powerful AI provides impact across the claims fraud lifecycle through data processing, machine learning, document analysis, and advanced network detection.
AI made for insurance fraud
Globally tailored scenarios
Continuous learning
Helping Insurers Win the Fight Against Fraud
Shift is trusted by leaders of the world’s leading insurers to effectively identify fraud and increase investigation efficiency resulting in more than $5B in claim fraud identified in 2021 alone.
Shift was built around the needs of Insurers. The use of our technology has led to drastic improvements across the claims process from insights to process. No area goes untouched.
Insurers looking to revolutionize their teams look to Shift for our expertise and partnership, enabling their organization to take performance to the next level.
Shift takes the work of your top performers, automates, optimizes, and streamlines processes increasing efficiency up to 4x.
Shift Technology Insurance Perspectives: 2023 Generative AI Edition
Much like any new and exciting technology, generative artificial intelligence (AI) has captured the zeitgeist. The potential for Large Language Models (LLMs) and other generative approaches to change how we work, how we create, how we entertain ourselves and how we consume data, feels almost limitless.
So, what impact do insurance professionals believe generative AI will have on their industry? We took to LinkedIn to try and come up with some answers. Click below to learn more about what we found.
Customer Success Stories
Validated more claims than ever before
$12M in fraud stopped
Reduced Time to Process
Fighting Fraud at an Industry Scale
Industry Resources
Learn how Shift can help you successfully identify, investigate and prevent more fraud