He was a speaker at InsureTech Connect (ITC), and will now be in Brazil, also performing during the CQCS Insurtech & Innovation. If you don’t already know Jeremy Jawish, CEO of Shift Technology, you will have a great opportunity to understand why your insurtech has become a global success in such a short time.
In 2013, he founded Shift Technology, in partnership with Eric Sibony and David Durrleman. The idea came up during a joint internship at a global insurance company, where they were tasked with improving fraud detection techniques.
Discovering that this area of insurance was prone to change, they devoted the following months to research and development, becoming experts in the field of insurance fraud. Soon after, in 2014, they launched their main product: Force, which brings a new approach to fraud detection.
The solution searches for patterns in information about policies, claims, reports, photos and other documents used in the insurance industry. Because it is customizable, insurers can then use the system to set up business scenarios that will signal suspicious claims.
Using sophisticated knowledge of artificial intelligence, large-scale processing and data science, Force helps insurers fight fraud and automate claims with confidence.
This combination brought very expressive results to Shift, with hit rates of 75%. With performances like this, the company’s business grew rapidly.
Currently, Shift Technology has among its customers more than 70 insurance companies worldwide and, in addition to its headquarters in Paris, it also has offices in Boston, Toronto, Tokyo, Singapore, London, Madrid, Zurich and São Paulo
Thanks to his innovative technology, Jeremy Jawish is considered a case of global success among the various insurtechs in the insurance industry. Between November 23 and 24, he will be in São Paulo, presenting at CQCS Insurtech & Inovação, the most important meeting of insurance innovation in Latin America.
Source: CQCS Insurtech & Inovação.
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