INNOVATION LAB
AutoFraud Shield
Auto Insurance Fraud Intelligence
Under Development
Global TAM: $10BProperty & Casualty Insurance
The Problem
- 10-15% of auto insurance claims contain fraud, costing the industry tens of billions annually
- Organized fraud rings generate $40B+ in losses through coordinated staged accidents and inflated claims
- Traditional rules-based detection catches only 20-30% of fraudulent claims, missing sophisticated schemes
- Collusion between claimants, repair shops, attorneys, and medical providers is difficult to detect in isolation
How AutoFraud Shield Works
Cross-Claimant Network Analysis
Identifies fraud rings by mapping relationships between claimants, repair shops, attorneys, and medical providers across millions of claims.
Staged Accident Detection
Scores claims for indicators of staged collisions using telematics data, photo analysis, and historical accident pattern matching.
Repair Cost Intelligence
Detects inflated repair estimates using market-rate benchmarking, parts pricing databases, and labor time normalization.
Key Metrics
$10B
Global TAM
$200-500M/yr
Annual Value
12 months
Time to MVP
20-40
Target Customers
Target Industries
P&C Insurers
Claims Administrators
Auto Insurance Carriers
Reinsurers
SIU Teams
Interested in AutoFraud Shield?
Contact our innovation team to explore auto insurance fraud intelligence.