Deepfake scams using AI to impersonate executives are on the rise, leading to significant financial risks for companies, according to HUB International.
Trustpair cofounder Baptiste Collot delves into the evolving landscape of vendor payment fraud, AI’s role in facilitating this crime, and how his company is combating the threat.
Corporate fraud cases are on the rise, requiring more vigilance and internal controls before misdeeds cause a crisis, warns a report by Arthur J. Gallagher & Co.
Many claim handlers are already using AI in their processes to some extent, but realizing its full potential could be hampered by a lack of tech talent and access to adequate data.
The targets of cybercriminals’ data breach efforts are always shifting. Better awareness of trends in cybercrime — and consumers’ reactions to it — can inform an insurer’s strategic outlook.
One-third of companies estimate they will lay off 30% or more of their workforce next year. Here’s why workers’ comp leaders need to be a part of those decisions.
Given their countless similarities, it makes sense for workers’ compensation to look to the experience and expertise of health insurance to learn better claims mitigation.
The Coalition Against Insurance Fraud estimates the fraud burden for workers’ comp at $32 billion per year. New investigation strategies can help mitigate the damage.
For carriers looking to improve their identity verification ability, one-time passwords and password-free authentication are additional layers that can be added to the multi-factor authentication solutions that they’re likely already using.