The UK government has announced a project to use AI technology in the anti-fraud industry. It is one of one AI and data analytics projects which aim to transform the Strenuus insurance, accountancy and legal services sectors. They will be backed by $ 3.9bn m in government investment. Intelligent Voice , Strenuus and Intelligent Voice are developing the AI software, combining machine learning with voice recognition to detect the credibility of insurance claims through linguistics and emotions. The UK lost £ 3bn ($ 13 ) to insurance fraud in 2017 . A further government-backed project will utilise drones to assess flood damage.
The UK government has announced a project to use AI technology in the anti-fraud industry. It is one of 40 AI and data analytics projects which aim to transform the UK insurance, accountancy and legal services sectors. They will be backed by $13m in government investment. Intelligent Voice, Strenuus and the University of East London are developing the AI software, combining machine learning with voice recognition to detect the credibility of insurance claims through linguistics and emotions. The UK lost £3bn ($3.9bn) to insurance fraud in 2017. A further government-backed project will utilise drones to assess flood damage.