'Verisk Launches Next Generation Of Insurance Fraud Analytics In Israel With Kyndryl Technology'
Portfolio Pulse from Happy Mohamed
Kyndryl has implemented a suite of technology services for ClaimSearch Israel Ltd., a subsidiary of Verisk, to enhance insurance fraud detection. The solution leverages Kyndryl’s computing resources and Verisk’s expertise to analyze new auto claims and detect fraud indications. The system allows users to authenticate details provided by the insurance applicant, compare them to database information, and use advanced tools for data investigation. Kyndryl also provides 24/7 managed NOC and SOC services to support the system.

June 28, 2023 | 12:07 pm
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POSITIVE IMPACT
Kyndryl's partnership with Verisk to enhance insurance fraud detection in Israel could boost its reputation and demand for its services.
Kyndryl's partnership with Verisk to provide technology services for insurance fraud detection could enhance its reputation as a leading IT infrastructure services provider. This could potentially increase demand for its services, positively impacting its stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Verisk's collaboration with Kyndryl to enhance its subsidiary's insurance fraud detection capabilities could strengthen its market position in Israel.
Verisk's collaboration with Kyndryl to enhance its subsidiary's insurance fraud detection capabilities could strengthen its market position in Israel's compulsory insurance market. This could potentially increase its revenues, positively impacting its stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100