Insurance Sync with Max Drucker

Originally published by Insurance Sync on June 26, 2024.

Max Drucker, CEO of Carpe Data, appeared on the Insurance Sync podcast to discuss the company's approach to identifying and preventing injury fraud in insurance claims. The 21-minute episode explores the various forms of fraud that plague the industry, ranging from deliberate criminal schemes to softer forms such as exaggerations and policy abuse.

Drawing on 14 years of experience building data products for insurance carriers, Drucker explained how Carpe Data employs automated solutions to monitor claimants' online presence across the internet. This technology provides insurers with actionable intelligence that can help reduce claim leakage, a persistent problem that costs the industry billions annually.

The conversation covers the spectrum of fraudulent activity and examines which detection methods work best for different types of cases. Drucker outlined how Carpe Data's platform uses publicly available online information to give carriers insights that complement traditional investigation methods, enabling faster and more informed claims decisions.

Read the full article at Insurance Sync.