Detecting insurance fraud using supervised and unsupervised machine learning

J Debener, V Heinke, J Kriebel - Journal of Risk and Insurance, 2023 - Wiley Online Library
Fraud is a significant issue for insurance companies, generating much interest in machine
learning solutions. Although supervised learning for insurance fraud detection has long …

On the (future) role of on-demand insurance: market landscape, business model and customer perception

A Zeier Röschmann, M Erny, J Wagner - The Geneva Papers on Risk and …, 2022 - Springer
Over the last decade, digitisation and individualisation have fostered the development of on-
demand services in many industries. In the insurance sector, technological progress brings …

Practical guideline to efficiently detect insurance fraud in the era of machine learning: A household insurance case

D Banulescu‐Radu… - Journal of Risk and …, 2024 - Wiley Online Library
Identifying insurance fraud is a difficult task due to the complex nature of the fraud itself, the
diversity of techniques employed, the rarity of fraud cases observed in data sets, and the …

Insurance fraud detection: A statistically validated network approach

M Tumminello, A Consiglio, P Vassallo… - Journal of Risk and …, 2023 - Wiley Online Library
Fraud is a social phenomenon, and fraudsters often collaborate with other fraudsters, taking
on different roles. The challenge for insurance companies is to implement claim assessment …

Churn Modeling of Life Insurance Policies Via Statistical and Machine Learning Methods

A Groll, C Wasserfuhr, L Zeldin - Journal of Insurance Issues, 2024 - JSTOR
Life assurance companies typically possess a wealth of data covering multiple systems and
databases. These data are often used for analyzing the past and for describing the present …

Digital insurance and InsurTech

A Braun, N Haeusle - Handbook of Insurance: Volume I, 2024 - Springer
This chapter delves into the digital transformation in the insurance industry, beginning with
the challenges and rewards it presents. It then examines the transformation of the insurance …

Insurtech, sensor data, and changes in customers' coverage choices: Evidence from usage‐based automobile insurance

M Soleymanian, CB Weinberg… - Journal of Risk and …, 2024 - Wiley Online Library
In this paper, we examine the role of usage‐based auto insurance on customers' decisions
to change their insurance coverage at the renewal. Using a sample of 135,540 customers …

[HTML][HTML] Establishment and Application of Modern Ecological Governance Systems from the Perspective of Digital Empowerment

T Zhang, K Zhang - Sustainability, 2025 - mdpi.com
The ecological governance system has made significant progress in information technology
construction, and digitization has become an important driving force in the construction of …

Digital transformation and total factor productivity in insurance companies: a catalyst or inhibitor?

R Wanyan, T Zhao, L Suo, GC Lai - The Geneva Papers on Risk and …, 2024 - Springer
Using data on 76 Chinese insurance companies from 2011 to 2020, this study investigates
the impact of digital transformation (DT) on total factor productivity (TFP). We use the latent …

[PDF][PDF] Artificial intelligence and information production in selection markets: Experimental evidence from insurance intermediation

X Liu - 2023 - udel.edu
Selection markets create a multitasking environment where intermediary agents often need
to increase consumer take-up as well as resolve information asymmetries about consumer …