Claim Technology announce partnership with Verius Risk Solutions, adding fraud detection to their claims-as-a-service solution

Claim Technology are pleased to announce a partnership with Verius Risk Solutions. Verius’s VBase software contains over 6 million claims and over 100 million records, enabling businesses to access unique data sources of interest to the insurance industry and mobility suppliers in the fight against fraud.

“As we create the ‘touchless’ digital claim, we need to ensure that our fraud prevention and detection capabilities are second to none. This partnership is another step towards that goal” comments Michael Lewis, CEO.

James Bilham, head of Verius added “we’re excited to be partnering with Claim Technology to combat the estimated £3bn cost of fraudulent claims in the UK.”

Benefits for the claims sector:

  • Ease of deployment:  Obtain a Verius Fraud Score via Claim Technology’s web-based digital claims assistant chatbot or via an API call.  A Verius fraud score will also be available as standard for all notification of loss processes via our AI claims chatbot, Robin. 
  • Real-time fraud scoring:  Obtain an automated risk-score in real-time for each individual (1st party, 3rd parties, witnesses) associated with a claim
  • Overflow counter-fraud investigations.  Leverage Verius’s in-house team of fraud experts to investigate suspected fraud.

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