InsurTech Futures: InMyBag uses tech to fight fraud

internetfraud

InMyBag, which offers cover for professionals who work using mobile devices, has formed a long-term partnership with Featurespace, an adaptive behavioural analytics fraud prevention company, to support the service to InMyBag members.

InMyBag is an appointed representative of broker Let Insurance Services.

The Featurespace technology offers real-time machine learning and, according to a statement by the two companies, can detect anomalies in individual behaviour for fraud and risk management.

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