The new partnership will enable P&C carriers to accelerate automation initiatives, resulting in additional fraud protections and cost-savings in claims processing
Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, announced its partnership with Attestiv to accelerate automation initiatives, increase fraud protections, and reduce expenses for P&C carriers. Through this partnership with Attestiv, Insurity offers automated document and image validation to its 500-plus customers, saving insurers costs by eliminating manual inspections, reducing fraud, and minimizing reputational risk.
Attestiv, a Boston-based technology company, provides a tamper-proof media validation and automation platform for insurance, financial services, and related industries. Attestiv verifies the authenticity of digital media, including photos, videos, and documents. This empowers organizations to deploy trusted automation initiatives protecting them from fraud and losses by providing the highest standard for information exchange.
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Utilizing Attestiv’s patented AI and blockchain technology, Insurity customers will benefit from enhanced fraud analysis for insurance claims and underwriting images, videos, and documents provided by policyholders, field adjusters, and third parties. Insurity’s customers will benefit from reduced costs due to automated validation, fraud reduction, and streamlined claims handling.
“Attestiv’s AI provides the foundation for trusted automation that protects insurance companies against fraud while accelerating their digital transformation initiatives,” said Sylvester Mathis, Chief Insurance Officer at Insurity. “With this partnership, Insurity enables a differentiating standard for trusted automation in the insurance industry.”
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“With P&C insurance carriers positioning AI automation to build industry-leading offerings, Attestiv is paving the way with automated AI fraud protection,” states Nicos Vekiarides, Chief Executive Officer of Attestiv. “By partnering with Insurity, we are excited to be able to provide our innovative AI technology seamlessly within Insurity’s cloud-native platform and beyond.”
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