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