claims fraud
Claims software market doubles to $10.1b by 2033
Claims software market doubles to $10.1b by 2033
The sector is at $5.2b today with adoption spreading across payers and administrators.
2 days ago
What will drive APAC’s insurance claims market to grow 16.6% annually?
AI and data analytics will catapult the global industry to bag $638.3b by 2032.
MAS says insurance disputes rare with most resolved by mediation
FIDReC completed an average of 246 mediation and adjudication cases.
Insurance fraud worldwide estimated to exceed $80b annually in 2025
Asia-Pacific reported a 22% year-on-year increase in fraudulent claims in 2023.
Shriram General wins ₹28.6m claim case with fraud ruling in Rajasthan
The case involved a Toyota Fortuner insured by SGIC.
Insurance fraud detection market to hit $31.8b by 2032
APAC demand for fraud detection tech surges.
Singaporean woman faces jail time for fake travel insurance claims
Her fraudulent insurance claims amounted to more than $10k.
Allianz Malaysia CEO calls for unity vs motor claims fraud
Motor claims fraud costs the industry $240.5m (MYR1b) per year, he said.
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1. This week in insurance: Sompo–Guidewire cloud partnership, Swiss Re acquires QBE credit and surety unit, Zurich moves to buy ClearView. 2. Hong Kong insurers post weaker 2024 as premiums slip 3. Zurich Cover-More taps Ford to drive Asia travel expansion 4. Zurich Cover-More CEO exits after acquisition 5. Singapore investment-linked products grab 44% of new life businessResource Center
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