Zurich uncovers £19m of fraud with Quantexa data analytics

Summary

<p>Zurich UK has discovered £109.3m worth of fraud over the past year using data analytics technology from <a href="https://www.computerweekly.com/blog/Data-Matters/How-to-lay-solid-data-foundations-for-AI">Quantexa</a>.</p> <p>The insurer has deployed the technology over the past year, exposing the work of criminal gangs involved in so-called crash-for-cash scams and other fraudulent schemes.</p> <p>Scott Clayton, head of claims fraud at Zurich UK and chair of the Insurance Fraud Bureau (IFB), said: “Insurance fraud in the UK is becoming more sophisticated, more organised and increasingly…

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