Metromile Leverages AI And Sensor Data From Low-Impact Car Crashes To Tackle Insurance Fraud

Thursday, June 28th, 2018 Auto Technology

In 2015, there were more than 6.3 million car accidents reported that involved property damage with insurance fraud accounting for 10 percent of property/casualty claims processed. While not every accident resulted in an insurance claim, those that did required extensive effort to be verified manually. To help automate the process and to fight against fraud which contributes to rising insurance rates, Metromile, the leader in pay-per-mile car insurance in the U.S., staged the world’s slowest car crashes to generate data and used a machine learning technology to help spot fraud more quickly.


External References & Further Reading
https://www.multivu.com/players/English/8357351-metromile-artificial-intelligence-machine-learning-insurance-fraud/
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