Identification of Fraudulent Claims – Marine Claims
As technological innovation has continued to evolve, the challenges of protecting against fraud have never been greater.
Commercial shipping faces a daunting set of technological exposures leading to possibility of excessive fraudulent claims. In the case of cargo loss due to fraudulent shipping documents, marine cargo insurance is available for many potential loss scenarios. The current system of processing claims is a laborious manual process that can take up to 2 weeks to analyze validity of a single claim. ZASTI has built an AI model that Improves business processes by reducing time investigators spend in identifying and segregating fraudulent claims from genuine claims.