Shift Technology, a supplier of AI-powered Choice automation and optimization options for insurance coverage businesses around the world, presents this time to expand its collaboration with Emma Group Corporate, a longtime buyer of Shift (via affiliate LA McAfee) Used to be.

Aima Group is increasing its use of InsurTech and AI to standardize the mechanisms used to combat fraud, cash laundering and terrorism financing across all of its enterprises. The general objective of the partnership is to centralize the processes and knowledge across all Aima Group to promote the efficiency of the AML/CFT mechanism.

A group strategy for compliance with AML/CFT rules

In line with its values ​​as a mutual insurance coverage firm, in 2018 La McAfee implemented a thorough technology to uncover and combat fraud in its core property and casualty (P&C) venture.

Working with SHIFT, Aima Group is taking these efforts to the mark of well being and contingency of its enterprise. Since AML/CFT methods are highly regulated and name for detailed, uniform buyer information on a part of an entirely different enterprise model, in a shift chosen by an already profitable collaboration in Aima Group – P&C.

“The success of the work done in the area of ​​auto insurance coverage, and later in housing insurance coverage, apart from the need to centralize all our processes and automate the AML/CFT processes, prompted us to show the shift at the earliest. once again,” defined Emma Group’s internal audit and compliance supervisor Christoph Rabaland. “Shift Resolve puts AI and knowledge science at the service of automation.”

An agile resolution primarily based on AI, designed to facilitate the integration of knowledge and the like.

Aéma Groupe needed to implement an automated resolution integrated to ship worldwide imaginatives and presentations of their practice. Sharing and processing information of consumers with multiple different contracts (P&C, Life, Health and Contingency) inside a single device will allow the group to be more environmentally friendly as it will no longer be done manually To analyze and analyze all the information, and duplicate actions can be avoided.

This technique also accelerates the choice of knowledge between groups. Shift’s progressive AI-based information allows the group to automate all business practices and processes, rationalize in-depth knowledge of buyer information, and enhance its operational effectiveness.

“Ema Group is satisfied with the value of our options, and has thus used Shift to fight fraud for many years. We are now proud that we have been able to resolve other issues in the Group across all of our business areas. Benoit Legros, VP, Bayer Success, Shift Know-How, said, “Our Shift Insurance coverage suite allows the Emma Group to forge a deeper bond with them.

In addition to using technology, the Aima Group also relies on the capabilities and market expertise of Shift’s groups to grow its group in this area.

Information about shift

Shift Know-How offers an AI-native choice of automation and customization options built specifically for the worldwide insurance coverage business.

By addressing multiple critical processes throughout the insurance coverage lifecycle, Shift Insurance Coverage Suite helps insurers achieve quick, extra-correct claim and coverage solutions. Shift has analyzed billions of insurance coverage transactions to date and was initiated by Frost & Sullivan’s 2020 International Claims Options for Insurance Coverage Market Management Award.

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