In an era where artificial intelligence (AI) is reshaping industries at an unprecedented pace, the Canadian insurance sector faces a pivotal moment that demands immediate attention and action to address emerging risks. Speaking at the National Insurance Conference of Canada, legal expert Nathalie
In an era where digital information is as valuable as currency, a staggering data breach at Rainwalk Pet Insurance, a South Carolina-based company, has sent shockwaves through the pet care and cybersecurity communities. This incident saw 158 GB of sensitive data, encompassing personal details of
Imagine a scenario where a seemingly legitimate hotel booking confirmation lands on the desk of an insurance claims officer, complete with detailed branding, reservation numbers, and dates, only to later reveal itself as a meticulously crafted forgery designed to secure an unwarranted payout. This
What does it take to combat a staggering $40 billion annual loss to insurance fraud in the global market, as reported by industry studies, while still delivering seamless claims experiences to policyholders across the world? On October 2 at The Brewery in London, an event unfolded that answered
Imagine a scenario where a freight broker receives a seemingly legitimate request to reroute a high-value shipment, only to discover later that the communication was a sophisticated cyberattack using stolen identities and doctored documents, resulting in a loss of goods worth millions. Such
In the rapidly shifting landscape of insurance fraud, staying one step ahead of tech-savvy criminals poses an immense challenge for the industry, as gone are the days of simple scams like staged car accidents. Today’s fraudsters harness artificial intelligence to forge documents, create synthetic
