AI-driven risk assessment solution to empower anti-fraud strategies
Thanks to Sherlock Detection, pet insurers can immediately and confidently make claim decisions informed by easily assimilated, evidence based intelligence rather than relying on traditional, unexplained black box rules. Genuine claims can be settled swiftly improving the customer journey.
Sherlock Detection can integrate any internal and external information source and analyse the results using innovative machine learning and AI-driven risk assessment capabilities.
Over 200 expert rules, which can be supplemented and tailored by the insurer, complete a claims risk evaluation in under three seconds. AI and proprietary machine learning techniques, fed by claims data as it is loaded onto the system, continually adapt and deliver a predictive accuracy far greater than manual analysis and traditional algorithms. Sherlock Detection equips the insurer with a fraud risk score for every claim supported by an intuitive report, written in simple business language, which evaluates the level of anomaly for each claim.