PARIS and BOSTON, Might 25, 2021 /PRNewswire/ — Cegedim Insurance coverage Options, a serious participant in software program options and enterprise companies for private insurance coverage, and Shift Technology, a supplier of AI-driven choice automation and optimization options for the worldwide insurance coverage business, have mixed their experience to supply the French well being and contingency insurance coverage market key options for preventing fraud and cash laundering actions (AML/CFT).
The partnership is a direct response to the evolution of fraudulent behaviors impacting the well being and contingency insurance coverage market. Cegedim Insurance coverage Options, which already provides an answer to imaginative and prescient insurance coverage suppliers, wished to increase its choices to a better number of carriers. Shift Claims Fraud Detection – an answer already adopted by main private insurance coverage actors in France – makes use of synthetic intelligence (AI) to extra successfully and precisely determine dangers and detection fraud, abuse and misguided funds. As a part of the providing, Cegedim Insurance coverage Options supplies entry to knowledgeable consultants unit devoted to investigating the instances recognized as suspicious.
The purposeful scope of the Shift resolution mixed with Cegedim Insurance coverage Options’ skilled experience within the processing of the non-public insurance coverage knowledge makes for an progressive, international resolution that capitalizes on quite a few cases of expertise suggestions.
“The complementary nature of our experience, served by highly effective algorithms, is the cornerstone of this partnership,” defined Philippe Simon, President of Cegedim Insurance coverage Options. “It additionally feeds a mutual purpose: management throughout the area of the struggle in opposition to insurance coverage fraud in France. We share Shift’s imaginative and prescient of added worth for our shoppers.”
Cegedim Insurance coverage Options will completely distribute the Shift Claims Fraud Detection resolution to its shoppers who’ve ACTIV’Infinite software program and Cetip third-party fee companies.
“By becoming a member of forces with Cegedim Insurance coverage Options, we intend to supply French insurers a excessive added worth resolution in order that they will carry out higher within the struggle in opposition to fraud and cash laundering,” acknowledged Jeremy Jawish, CEO and co-founder of Shift Expertise. “The native integration of our two options will enable us to hurry up insurers’ transformation initiatives and struggle fraud collectively, to the good thing about all policyholders.”
About Shift Expertise
Shift Expertise delivers the one AI-native choice automation and optimization options constructed particularly for the worldwide insurance coverage business. Addressing a number of essential processes throughout the insurance coverage coverage lifecycle, the Shift Insurance coverage Suite helps insurers obtain sooner, extra correct claims and coverage resolutions. Shift has analyzed billions of insurance coverage transactions thus far and was introduced Frost & Sullivan’s 2020 World Claims Options for Insurance coverage Market Management Award. For extra data, please go to www.shift-technology.com.
About Cegedim Insurance coverage Options:
Cegedim Insurance coverage Options is an progressive firm serving the transformation for all times and medical health insurance gamers: Insurance coverage corporations, Mutuals, Provident establishments and Brokers, in France and internationally. To take action, Cegedim Insurance coverage Options provides each SaaS options (Companies hub, portals, extranet), enterprise companies (Third-party Cost, Well being Knowledge Stream Administration and Third-party Administration) and professional companies (Analytics, organizational and administration consulting) in well being and provident care.
To be taught extra, please go to: www.cegedim-insurance.com
Observe Cegedim Insurance coverage Options on Twitter @CegedimIS and LinkedIn.
Based in 1969, Cegedim is an progressive know-how and companies firm within the area of digital knowledge circulation administration for healthcare ecosystems and B2B, and a enterprise software program writer for healthcare and insurance coverage professionals. Cegedim employs greater than 5,300 individuals in additional than 10 international locations and generated income of near €500 million in 2020. Cegedim SA is listed in Paris (EURONEXT: CGM).
To be taught extra, please go to: www.cegedim.fr
Observe Cegedim on Twitter @CegedimGroup, LinkedIn and Facebook.
SOURCE Shift Expertise