The March 2022 Aite-Novarica Group report on AI-Based P/C Claims Fraud Detection Solutions provides a market overview of technologies combating property and casualty insurance fraud. It analyzes trends, adoption drivers and barriers, and purchasing factors, detailing solution types, functionalities, and deployment options. The report compares vendors such as BAE Systems, Daisy Intelligence, FRISS, Quantexa, SAS, and Shift Technology, highlighting methods like advanced analytics, machine learning, and data integration. It emphasizes how AI-driven tools help insurers detect fraudulent claims more accurately, reduce losses, improve operational efficiency, and enhance overall fraud prevention strategies.

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