Insurance fraud: An AI fight requires new AI moves
Learn how insurers can combat AI-driven fraud, secure data and build trust in an increasingly digital world.
Author
Franklin ManchesterRSS
Prior to joining SAS, Franklin held a variety of individual contributor and people leader roles in Property and Casualty Insurance. He began his career as an Associate Agent for Allstate in Boone, NC. In 2005, he joined Nationwide Insurance as a personal lines underwriter. For 17 years at Nationwide, he managed personal lines and commercial lines underwriters, portfolio analysts, sales support teams and sales managers. Additionally, he supported staff operations providing thought leadership, strategy and content for sales executive offices.
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Failure accompanies all technological breakthroughs – the wheel, manned flight, the internet. AI is no exception. I know insurance companies are using AI – SAS research confirms it. 90% of insurers have budgeted for GenAI in 2025. I also know that only 1 in 10 insurers (11%) are fully “AI-prepared.”
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