Fraud Detection & Prevention

How Did Aviva Help Crack a Classic Car Insurance Scam?
Data Analytics How Did Aviva Help Crack a Classic Car Insurance Scam?

What happens when a love for vintage automobiles masks a sinister plot for profit? Picture a world of gleaming chrome and roaring engines, where classic cars are not just vehicles but treasures—until someone exploits that passion for fraud. In a gripping case from the United Kingdom, a cunning

Top Risks for UK SMEs in 2025: Cost-of-Living Still Leads
Data Analytics Top Risks for UK SMEs in 2025: Cost-of-Living Still Leads

In the heart of a bustling UK economy, small and medium-sized enterprises (SMEs) are grappling with a staggering statistic: over half of them still rank the cost-of-living crisis as their primary concern in 2025. This persistent economic strain, coupled with a maze of regulatory changes and

Inside a Week with Insurance PR Expert Vanessa Chance
Data Analytics Inside a Week with Insurance PR Expert Vanessa Chance

Have you ever stopped to consider who shapes the public’s understanding of the insurance industry during moments of crisis or sweeping change? In a world where trust is hard-won and misinformation spreads like wildfire, professionals like Vanessa Chance, Director of Communications at SEC Newgate,

Hanwha Life Enters US Market with Velocity Clearing Deal
Data Analytics Hanwha Life Enters US Market with Velocity Clearing Deal

Hanwha Life, a titan in the South Korean life insurance industry, has taken a monumental step into the US financial arena by acquiring a majority stake in Velocity Clearing LLC, a New York-based financial services provider, in a deal finalized on July 30. This transaction not only marks Hanwha Life

GEICO Sues Best Care Pharmacy Over Alleged $3.5M Fraud Scheme
Data Analytics GEICO Sues Best Care Pharmacy Over Alleged $3.5M Fraud Scheme

In the complex world of insurance disputes, few cases have drawn as much industry attention as the ongoing lawsuit by GEICO against a Brooklyn pharmacy. Here to break down the intricacies of this legal battle is Simon Glairy, an expert in insurance law and Insurtech, particularly adept at

AI Revolutionizes Insurance with Streamlined Processes
Data Analytics AI Revolutionizes Insurance with Streamlined Processes

The insurance industry has been deeply entrenched in traditional methods and often characterized by slow processes and paper-heavy workloads. However, the rapid adoption of artificial intelligence (AI) technology is revolutionizing how insurers operate, ensuring more efficiency, accuracy, and

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