INFORM, a global provider of insurance process optimization technology and fraud management, and co-innovator Mohawk Security, a leading provider in classified advertisement databases, today announced a new technology partnership. The partnership will combine Mohawk’s huge advertisement database technology with RiskShield of INFORM.
The first phase of the partnership will focus on developing an Automated Ads Search solution connecting Mohawk’s extensive database system to RiskShield’s smart decision engine adding new functions such as workflow capabilities and risk scoring based on machine-learning technology.
Dr. Andreas Meyer, EVP at INFORM commented, ”With this new partnership we can better support fraud investigators to streamline their workflow, providing direct access to billions of live and historical advertisements and recover fraudulent cases, all within a single platform. This will not only increase the efficiency of fraud investigation, but also improve the validation process of the genuine claims for fast track settlement.”
“We are very pleased to form a partnership with INFORM. By combining INFORM’s expertise in delivering intelligent decision logic to improve business productivity, with INFORM’s vision of insurance process optimization, we can explore exciting new opportunities leveraging Mohawk´s wealth of information for trend analysis and predictive fraud behavior monitoring.” said Lars Skaar, CEO of Mohawk Security.