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UConn MSBAPM Students Conquer InsurTech NY with AI-Driven Solution

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The InsurTech NY Case Competition is a highly competitive event that challenges students to develop cutting-edge solutions for real-world problems in the insurance industry. This year's competition focused on leveraging technology to enhance various aspects of insurance, including fraud detection, risk assessment, and customer experience.  The UConn MSBAPM team faced tough competition from universities across the nation but ultimately prevailed with their groundbreaking approach. The Winning Solution: AI Fraud-Reduction The UConn MSBAPM team developed an AI fraud-reduction solution focused on detecting and preventing fraudulent claims. Their innovative approach incorporated techniques like machine learning and cross-industry data sharing to identify patterns indicative of fraudulent activity. Data Integration: Seamlessly integrates data from various sources Machine Learning: Uses advanced algorithms to predict frau...

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