Case Study

ClaimShare is a flagship product from global technology vendor IntellectEU that enables insurers to identify “double-dipping” fraud.

ClaimShare is a flagship product from global technology vendor IntellectEU that enables insurers to identify “double-dipping” fraud.

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ClaimShare is a flagship product from global technology vendor IntellectEU that enables insurers to identify “double-dipping” fraud. It is the world’s first solution for this problem, leveraging R3’s trust technology. Up to 10% saved in fraud costs Enables real-time, anonymized, secure sharing of claims information between insurers Identifies and prevents fraud involving multiple claims for the same event Option to notify regulators in real-time Platforms: Conclave and Corda Enterprise Challenge Double-dipping is a form of insurance fraud that occurs when one entity files a claim with multiple insurers for the same event. It exploits the fact that insurers’ fraud detection systems have no way to share data about a claim with other insurers. The data gap is founded in conc

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