Fraud is one of the most common problems in the insurance and finance sector. According to Gartner report released in Q1 of 2022, in the U.S.A. $ 1.5 T per year is spent only on health insurance and the fraud cases are increasing day by day especially after Covid-19. Therefore, both insurers and customers have faced huge financial losses.
As B2Metric, B2Metric ML Studio Auto-ML platform helps you to overcome this problem. We collaborated with Almerys, one of the largest payment companies in France. For detailed information, you can visit B2Metric’s blog post on the subject.
B2Metric participated in the organization organized by the EU-based REACH incubator and held in Paris on 19-20 May. B2Metric identified the frauds of opticians in France. In the study, Paris is the city where fraud cases are the most common area. The B2Metric team determined that approximately 1000 opticians regularly earn unfair profits. The team presented the solution on the subject by using AI-based machine learning applications to reduce the amount of fraud cases in the eyewear industry. Click for the demo video of the platform.
The solution called B2ML Studio Hunter helps the process in the insurance sector to work quickly and accurately. It produces significant solutions such as customer risk scoring, customer churn forecasting and fraud detection.
To learn more AI-based machine learning specific solutions for the insurance industry offered by B2Metric Studio, you can click here.
- For detailed information, visit B2Metric' blog post on the subject
- Click here for the registration and use B2Metric AutoML platform.
- Click here to review B2Metric AutoML.
- Click here for B2Metric's Gartner Peer Insight comments
- Click to watch B2Metric AutoML solution for Fraud Detection in Healthcare Insurance