Quantexa warns AI fraud could leave smaller insurers exposed
Organised artificial intelligence fraud is likely to shift from large insurers to smaller rivals as major carriers improve their detection capabilities, Quantexa’s global head of insurance fraud solutions, Shyam Bhatt, has warned.
Speaking to Insurance Post at the Guidewire London Marketplace Summit, Bhatt said insurers were engaged in an “AI arms race” as criminals increasingly use AI tools to commit opportunistic, premediated
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