Insurance Fraud Detection Services

Working in the insurance industry is always risky, as there are usually huge financial assets involved alongside the most various scam opportunities. Insurance organizations regularly report about $80 billion in fraudulent claims, which can affect loss ratio and insurance premiums quite negatively. Make sure to protect your business efficiently within this hazardous business area.

Deep Fraud Detection Analysis by Fortifier

Many companies still fight fraud manually, employing time-consuming, error-intense processes. Fraud in data security and payment transactions, identity theft, duplicate or inflated claims—fraudsters find most various ways to falsify info for premiums’ reduction, open insurance policies for fictitious beneficiaries, skim premiums. These criminal tendencies don’t seem to die off and may affect your business, too: that is unless you are protected with in-depth fraud detection data analytics and smart eradication of possible spoof occurrences.

Reinforce Your Business Security

Get high-tier fraud protection with sophisticated software delivered by seasoned experts in the Insurtech niche which features:

  • The reduction of false positives with the help of automatic scoring to lower loss adjustment expenses and prioritization of higher-value claims.
  • Artificial Intelligence- and Machine Learning-based software mechanisms that enhance over time and react individually to different possible fraud cases.
  • Readily available fraud detection statistics to help you analyze certain situations further on your own, including data analytics and predictive modeling.
  • Full-blown fraud detection analyst capacities that allow for scoring millions of claims records in real time or in batch automatically.
  • Social network analysis via a unique visualization interface for the analysis of all involved activities and relationships in a network apart from transactions and claims’ views.

Fortifier’s Fraud Protection Solutions

At Fortifier, experienced, field-tested Insurtech software development aces are working on the development of solutions that outsmart dishonest insurance customers’ intentions of any kind with:

  • A custom fraud detection AI algorithm that can be customized even further, being tailored to your particular needs
  • Custom developed fraud analytics engine based on automated business rules, embedded AI and ML techniques, text mining, anomaly detection, and network link analysis
  • Constant support to help with the extraction and further analysis of particular fraudulent data and statistics
  • Simple integration with ready-made systems that won’t cause any current workflow downtimes

Technology used

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Why Should You Trust

Your Project to Fortifier?


Insurance industry experience(20+ delivered projects) - over a dozen exclusive projects for Insurtech companies and as many assets for striving startups developed and done. And the streak is only to be continued.


Technological expertise - we have been working with the industry-leading, advanced technologies like the IoT, ML, NLP, AI, and many others for years now. We can say with full confidence that we have a good in-depth hand of major progressive tech concepts.


TOP Rank on - Fortifier is one of the highest-performing software development providers in Europe according to the majority of Clutch reviews. This is the one recognition we are proud of as a tech expert.


In-house Insurtech R&D Department - our separate dedicated department is working on an absolutely novel AI- and ML-based Insurtech solution - the first-ever flights' insurance software with immediate payouts. Insurtech is our forte so we explore it far and wide to see how we can ultimately improve the industry.


Experienced Startups technical partner - helping out startups grow and develop up to a truly competitive state of business is another thing we have in-depth experience in. Among a dozen startups developed and supported, we have been mentoring startups in the Hartford Insurtech Hub.


Business development offices in Germany and the UK - Fortifier is international, having offices and headquarters based all over the globe.


Case Studies