Fraud risk assessment in car insurance using claims graph features in machine learning

I Vorobyev - Expert Systems with Applications, 2024 - Elsevier
The article proposes a process for claims assessment in car insurance, which makes it
possible to calculate the fraud rate on the annual set of claims using a reduced set of …

Performance comparative study of machine learning algorithms for automobile insurance fraud detection

B Itri, Y Mohamed, Q Mohammed… - 2019 Third International …, 2019 - ieeexplore.ieee.org
Nowadays, fraud is a major problem facing the insurance industry that Big Data and
Machine Learning are trying to solve. This paper deals with the evaluation of the …

A Novel and Efficient Approach to Detect Vehicle Insurance Claim Fraud Using Machine Learning Techniques

AK Mishra, V Hemamalini, AK Tyagi… - … Computing for Next …, 2024 - Wiley Online Library
The past few years have seen an increase in fraud cases for all types of claims at insurance
companies operating as commercial enterprises. Since the amount fraudulently claimed is …

The value of cross-data set analysis for automobile insurance fraud detection

M Yankol-Schalck - Research in International Business and Finance, 2022 - Elsevier
This study focuses on personal automobile policies underwritten. Its aim is to provide
decision support and to apply new models with good predictive performance and high …

Machine Learning Methods for the Detection of Fraudulent Insurance Claims

S Zhao - 2020 - spectrum.library.concordia.ca
This thesis focuses on automotive fraudulent claims detection, a particular Property and
Casualty (P&C) insurance product. By analyzing the customer's information, we try to define …

Using a data mining approach to detect automobile insurance fraud

M Salmi, D Atif - International Conference on Soft Computing and …, 2021 - Springer
The number of policyholders involved in fraudulent activities has increased dramatically in
recent years. Intentionally misleading insurers by missing facts when claiming insurance has …

[PDF][PDF] Fraud detection using reputation features, SVMs, and random forests

D DeBarr, H Wechsler - … of the International Conference on Data …, 2013 - world-comp.org
Fraud is the use of deception to gain some benefit, often financial gain. Examples of fraud
include insurance fraud, credit card fraud, telecommunications fraud, securities fraud, and …

Fraud Detection in Insurance Claim System: A Review

S Vyas, S Serasiya - … on Artificial Intelligence and Smart Energy …, 2022 - ieeexplore.ieee.org
Insurance fraud has existed since the inception of insurance companies. These are a wide
range of crimes that go undiscovered and cost the insurance business billions of dollars …

[PDF][PDF] Auto claim fraud detection using multi classifier system

LA Rodrigues, N Omar - Journal of Computer Science & Information …, 2014 - csitcp.net
Through a cost matrix and a combination of classifiers, this work identifies the most
economical model to perform the detection of suspected cases of fraud in a dataset of …

Prediction of automobile insurance fraud claims using machine learning

HI Okagbue, O Oyewole - The Scientific Temper, 2023 - scientifictemper.com
Automobile insurance fraud is a significant issue for insurance firms, causing financial
losses and higher premiums for policyholders. This study aims to create a predictive model …