Generali France triples fraud detection rate with Shift Technology
Generali France deployed Predictive ML for Fraud Detection in Property & Casualty. As reported by Shift Technology: 107,000/year claims scanned by ai.
Source-reported figures — cited source: Shift Technology
What Generali France was trying to fix
Generali France's existing fraud detection methods identified only 0.7% of P&C damage claims as fraudulent, well below the industry benchmark of 2%. Manual review processes could not scale across their 125,000 annual P&C claims volume.
What Generali France deployed
Generali deployed Shift Technology's Force platform to automatically scan all incoming P&C claims. The system analyzes approximately 300 claims daily, scoring each for fraud suspicion and providing investigators with substantiated alerts.
Results
Shift's AI now scans 107,000 out of 125,000 annual P&C claims automatically. Generali nearly tripled their fraud detection rate from 0.7% to the industry-leading 2% benchmark.
Evidence for Generali France's Fraud Detection deployment
- Reported outcome metrics
- 2 cited below
- Cited source
- Shift Technology
- Last updated
Explore Related
Vendor
Details
- Industry
- Property & Casualty
- Use Case
- Fraud Detection
- AI Technology
- Predictive ML
- Company Size
- Enterprise
- Company
- Generali France
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