Trusted By
Most carriers still run fraud detection on manual red-flag reviews and rules written years ago, which means the obvious cases get caught, and the organized ones do not. Our insurance fraud prevention software engagements target the exact leak points in your claims lifecycle, from first notice of loss through payout, so detection improves without slowing honest claims.
Adjusters juggling hundreds of files miss staged accidents and inflated invoices. We build automated claim scoring that flags high-risk submissions at intake, and pairs cleanly with insurance claims processing automation so clean files keep moving.
Individual claims look fine while networks of repeat actors drain millions. Our engineers develop graph-based link analysis that exposes shared phones, addresses, bank accounts, and providers across unrelated claim files.
Detection logic buried in a core system written two decades ago cannot keep up with current fraud tactics. Our legacy software modernization services lift that logic into a scoring layer your own team can adjust.
Fabricated invoices, altered medical reports, and doctored photos now clear human review without effort, and generative AI tools made producing them trivial. We integrate document forensics that verify metadata, pixels, and file provenance at intake.
Claims, policy, and payment records sit in disconnected systems, hiding cross-line patterns entirely. Our data engineers unify internal and external sources into one screening environment, surfacing fraud signals that manual reviews would miss.
Manual evidence collection stretches cases for weeks and frustrates genuine claimants waiting on payment. We design SIU workflows that centralize evidence, automate referrals, and shorten resolution timelines.
You will not get a repackaged rules engine from us. Every AI-powered insurance fraud prevention software build starts with your claims data, your fraud typologies, and your integration stack. It is the same principle we apply to every AI in insurance engagement: the model detects what your book actually faces, not patterns borrowed from someone else's.
We build scoring engines that evaluate every claim at first notice of loss, assigning risk scores within milliseconds of submission.
Our developers connect public records, industry fraud databases, and provider watchlists directly into your scoring pipeline for richer claim context.
Our machine learning development team trains supervised and unsupervised models on your claims to unusual billing, treatment, and repair patterns.
We integrate computer vision that detects generated invoices, edited photos, and altered medical records through metadata and pixel-level forensic analysis.
We engineer transparent models that show investigators exactly why each claim was flagged, supporting regulatory audits and fair, consistent claim handling.
We engineer transparent models that show investigators exactly why each claim was flagged, supporting regulatory audits and fair claim handling.
Our team builds identity checks with device fingerprinting, watchlist screening, and synthetic detection, extending our KYC verification logic into policy and claims.
Our engineers deliver forecasting models scoring policies by fraud propensity, backed by analytics surfacing output to underwriting before binding.
We design flexible no-code rule builders so your SIU leads can independently adjust thresholds, red flags, and referral triggers, without ever needing a developer ticket.
We build investigation workspaces that centralize evidence, track case timelines, and generate regulator-ready referral documentation in one place.
Our NLP developers build language models that read adjuster notes, medical narratives, and police reports to flag inconsistencies human reviewers routinely miss.
Our team creates role-based dashboards with live fraud metrics, referral queues, and recovery tracking for executives and investigators alike.
From health benefits administrators to auto insurtechs, Bacancy Technology has engineered fraud screening across sharply different environments. Each engagement below reflects real integrations, real models, and measured outcomes.
Insurance fraud is not a generic data problem. Fraud prevention sits inside our wider insurance IT services practice covering core systems, data platforms, and cloud, so the detection layer we build fits the environment you already run rather than sitting beside it.
5+ Years
Fraud in a Midwest auto book looks nothing like fraud in a multi-state health TPA. We train on your own loss data, your typologies, and your lines rather than a shared vendor dataset.
12+
Provider billing schemes, premium leakage, agent and producer fraud, synthetic identity, staged losses, and organized rings, each scored on its own logic instead of folded into one number.
100%
Feature attribution, model version, and decision timestamp attached to every score, so an adverse decision survives a DOI complaint or a market conduct review.
2 Cycles
A score that generates more referrals than your investigators can clear is a score nobody uses. Thresholds get tuned against your team’s actual weekly capacity, then sharpened once the model starts learning from your confirmed dispositions.
90 Days
Fraud tactics shift faster than most detection models get touched. We set the first retraining window at 90 days post-launch and keep drift alerts running so quality does not quietly decay.
48 Hours
Some clients hand the build over entirely. Others pair our engineers with internal teams through IT staff augmentation services and keep model ownership in-house.
It screens claims, policies, and payments for fraud signals before money leaves your accounts. A custom build scores every claim in real time, detects networks of connected actors, verifies documents and identities, and routes suspicious cases to your investigators with evidence attached.
Not if the thresholds are set against your actual investigator capacity, which is the step most vendors skip. We calibrate referral volume to what your team can clear in a week, then tighten as the model learns from confirmed outcomes. Precision improves noticeably after the first two retraining cycles because the model starts learning from your own dispositions rather than generic labels.
Ring detection is a network problem, not a scoring problem. We build a graph layer that links claimants, providers, repair facilities, bank accounts, devices, and addresses across your entire claim history, so a new file gets evaluated against every connection it shares with past claims.
Only with explainability in place, which is why we build it in rather than adding it later. Every flagged claim carries the features that drove the score, the model version that produced it, and the reviewer who acted on it. That trail is what regulators and complaint units ask for, and it is also what protects you from unfair claims practice exposure when a denial gets challenged.
A focused build with claim scoring, a configurable rules engine, and core system integration typically runs 14 to 18 weeks from discovery to launch. Adding link analysis, document forensics, and predictive models extends that to 24 to 30 weeks. Most of the variance sits in integration.