Video: The BI Interview with Scot Barton of Carpe Data

Originally published by Business Insurance on April 23, 2024.

Business Insurance featured Scot Barton, chief product officer at Carpe Data, in a video interview discussing the escalating threat of organized fraud rings targeting the insurance industry. The conversation centered on how fraudsters are evolving their tactics and what insurers can do to defend against these coordinated attacks.

Barton outlined the methods fraudsters use to exploit vulnerabilities across the insurance value chain. The discussion explored how data intelligence and advanced analytics play a critical role in identifying suspicious patterns before claims are paid or policies are issued.

The interview highlighted the importance of real-time data signals in detecting fraud networks that operate across multiple carriers and jurisdictions. Barton emphasized strategies insurers can deploy to strengthen their defenses against increasingly sophisticated criminal operations.

Read the full article at Business Insurance.