Contractor Fraud Detection demo

After a storm, agents watch every new claim for the same contractors, the same estimates and the same signatures, and raise the cluster before payment. 1:14

What the demo shows

A catastrophe fraud solution that flags repeat contractors and copied estimates after storms.

Six agents read every contractor estimate after a storm, fingerprint its wording and quantities, cluster the look-alikes, join business names that are one firm and match each cluster to its unpaid claims; the SIU manager decides the holds.

Transcript

  1. Contractor Fraud Detection flags repeat contractors and copied estimates after storms for SIU teams.
  2. Roofing questionable claims rose 90% in a year, but adjusters see one claim at a time.
  3. Agents read 2,900 estimates from the Collin County hail and group them by likeness.
  4. Honest roofers sit on the left.
  5. Five clusters cross the similarity line.
  6. Open the biggest. 40 homes, two business names, and the identical lines light up on every estimate.
  7. 34.67 squares on every roof, on roofs from 21 to 40.
  8. Northgate is Crestline renamed.
  9. The same phone, bank account, and signature.
  10. Gloria holds 31 unpaid claims for re-inspection, a million dollars raised before payment.
  11. Built on Botminds: agents, data, screens, and governance on one platform.

Transcribed from the film’s narration. Captions are on the player.