SlideShare a Scribd company logo
Mathematical
modeling
Solution designed
for fraud handlers
Software
as a Service
,
2
Data Sources
Scanned Documents:
E.g. Invoices, photos
Claims Data:
E.g. Dates, circumstances
Policy Information:
E.g. Subscription, coverage
Free Text:
E.g. Comments, loss adjustors reports
External data: (subject to local regulations)
E.g. P2P marketplaces, company information, weather reports
“...”
* While having all these data
sources is optimal, not all
are required simultaneously
3
3
3
4
The hit rate: an indicator of performance
75%Shift average hit rate
35%Best hit rate
on the market
N° OF ALERTS DECLARED SUSPICIOUS BY THE FRAUD HANDLER
TOTAL N° OF ALERTS SUBMITTED BY SHIFT TECHNOLOGY
HIT RATE =
5
The IT architecture for a test
Shift
Client
Processing / Analysis
Web InterfaceClient D.B.
Fraud D.B.
6
Shift Technology
25+CLIENTS
4
GEOGRAPHIES
MOTOR
315M*
HEALTH
BENCHMARKS
WON
100%
FROM PILOT
TO RUN
*
claims processed
100%
€€€€€€€€€€€$
€€€€€€€€€€€$
$€ €€€ €€€$
€ €€€ €€$
€ € €€ $
€ €
100%
POSITIVE ROI
IN 12 MONTHS
60M* 10M*
HOUSEHOLD
200K*
TRAVEL
200K*
WORKERS’ COMPENSATION
+33 1 86 95 22 82
france@shift-technology.com
www.shift-technology.com
130 rue de Lourmel
75015 Paris
France

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Assurtech : shift technology

  • 1. Mathematical modeling Solution designed for fraud handlers Software as a Service ,
  • 2. 2 Data Sources Scanned Documents: E.g. Invoices, photos Claims Data: E.g. Dates, circumstances Policy Information: E.g. Subscription, coverage Free Text: E.g. Comments, loss adjustors reports External data: (subject to local regulations) E.g. P2P marketplaces, company information, weather reports “...” * While having all these data sources is optimal, not all are required simultaneously
  • 3. 3
  • 4. 3
  • 5. 3
  • 6. 4 The hit rate: an indicator of performance 75%Shift average hit rate 35%Best hit rate on the market N° OF ALERTS DECLARED SUSPICIOUS BY THE FRAUD HANDLER TOTAL N° OF ALERTS SUBMITTED BY SHIFT TECHNOLOGY HIT RATE =
  • 7. 5 The IT architecture for a test Shift Client Processing / Analysis Web InterfaceClient D.B. Fraud D.B.
  • 8. 6 Shift Technology 25+CLIENTS 4 GEOGRAPHIES MOTOR 315M* HEALTH BENCHMARKS WON 100% FROM PILOT TO RUN * claims processed 100% €€€€€€€€€€€$ €€€€€€€€€€€$ $€ €€€ €€€$ € €€€ €€$ € € €€ $ € € 100% POSITIVE ROI IN 12 MONTHS 60M* 10M* HOUSEHOLD 200K* TRAVEL 200K* WORKERS’ COMPENSATION
  • 9. +33 1 86 95 22 82 france@shift-technology.com www.shift-technology.com 130 rue de Lourmel 75015 Paris France