Synectics
Synectics is at the forefront of innovation in fighting fraud and financial crime, helping insurers transform fragmented risk signals into confident, compliant and explainable decisions.
At the core of our work is collective defence — uniting insurers and cross-sector partners to share intelligence, spot emerging risks, and strengthen protection industry-wide. By harnessing shared insight and advanced, data-driven tools, we enable organisations to stay ahead of increasingly complex threats. More than a technology provider, we are the backbone of a growing consortium of 160+ organisations, joined by the shared belief that the strongest defence is always a collective one.
Synthetic ID fraud on the rise in AI era
Once a niche scam involving individual ‘Frankenstein’ profiles, synthetic identities have evolved into a highly industrialised driver of organised fraud. This content highlights how AI is helping fraudsters generate synthetic IDs at scale, and the threat posed to insurer onboarding and risk models.
Surge in ghost broking spooks insurance sector
Ghost broking fraud is surging via social media and identity re-use, leaving victims exposed and underlining the need for stronger cross‑sector intelligence.
Insurance document fraud moves upstream
Document fraud is moving beyond claims and into underwriting as AI gives fraudsters new ways to exploit insurers.
Roundtable: Can commercial insurers crack the fraud conundrum?
A recent Insurance Post roundtable, held in association with Synectics Solutions, explored whether the sector can overcome historic barriers to improve collaboration and unlock the power of data sharing in the fight against fraud. This content provides a…
Intelligence behind the fraud patterns that matter
Synectics Solutions’ new Signals report uncovers the critical fraud patterns impacting insurers. Based on insights from National SIRA and the counter-fraud community, this report reveals where hidden exposure is building, how fraud moves across the…