Verisk adds fraud and asset recovery tools to ClaimSearch

Verisk has partnered with Legentic to add two new tools to its ClaimSearch platform: Digital Commerce Detector, which identifies stolen assets listed for sale online, and Digital Asset Finder, which helps insurers locate and recover stolen vehicles and property after claims are paid.

“We are thrilled to partner with Verisk, especially given the surge in complex insurance fraud and theft cases we’ve seen in the U.S. Our proven success in Europe has demonstrated the power of advanced analytics in combating these challenges. This collaboration marks a significant step forward in expanding our automation capabilities to help U.S. insurers manage risk, enhance operational efficiency and protect policyholders.” – Legentic CEO, Ron Vermeulen.