Shift Technology, a solution provider with a focus on enabling insurance organizations to tackle claims fraud, has announced Assurant, Inc. (NYSE: AIZ), a premier global provider of risk management solutions, has selected Shift´s claims fraud detection solution FORCE, the company said.
The implementation project is already underway with a four-month plan to setup FORCE for Assurant´s specific needs, with an anticipated easy transition to production use. The joint implementation team includes Assurant talent from the Special Investigation Unit, IT and the Innovation teams, combined with the experience and expertise of the Shift team.
Assurant is a global provider of risk management solutions, protecting where consumers live and the goods they buy. A Fortune 500 company, Assurant focuses on the housing and lifestyle markets, and is among the market leaders in mobile device protection and related services; extended service contracts; vehicle protection; pre-funded funeral insurance; renters insurance; lender-placed homeowners insurance; and mortgage valuation and field services. Assurant has a market presence in 21 countries, while its Assurant Foundation works to support and improve communities. Learn more at Assurant.com or on Twitter @AssurantNews.
Shift Technology is a software solution provider with a focus on enabling insurance organizations to successfully tackle the ongoing and growing claims fraud challenge. Leveraging its expertise in artificial intelligence and insurance, Shift introduced its fraud detection solution FORCEâ¢ in 2014 and has successfully engaged more than 50 insurers globally. To date, Shift has raised over USD 40 million in capital investment and was named by CB Insights as one of the Global AI Top 100 in both 2017 and 2018. For more information, visit www.shift-technology.com.