SIUs drive cross‑carrier evidence sharing
SIUs are increasingly using cross‑carrier data pools and behavioral analytics to orchestrate third‑party evidence — telematics, social pings and location data are now core inputs for fraud detection. That shift makes rapid, verifiable evidence ingestion and chain‑of‑custody logging a procurement priority. (cybernews.com)
Shift Technology launched the Insurance Data Network (IDN) on April 2, 2025, pitching a multi‑carrier exchange that it says is live across the U.S. with “four of the top five” P&C carriers already contributing data. (prnewswire.com (prnewswire.com)) (prnewswire.com) A Verisk survey of 44 SIU leaders at the 2024 Insurance Fraud Management conference found 39% of respondents planned to invest slightly more and 18% planned to invest significantly more in anti‑fraud technology over the next 12 months. (verisk.com (verisk.com)) (verisk.com) Cambridge Mobile Telematics (CMT) has promoted its DriveWell Crash & Claims telematics suite since 2022 and reported adoption by multiple global organizations, while CMT struck a 2025 partnership with TransUnion to enable portable consumer driving scores for insurers. (cmtelematics.com (cmtelematics.com)) (cmtelematics.com) (transunion.com (transunion.com)) (transunion.com) Smartphone‑telematics provider TrueMotion joined Guidewire’s PartnerConnect ecosystem in 2021 to feed driving and crash data into claims accelerators used by carriers and TPAs. (businesswire.com (businesswire.com)) (businesswire.com) Veritone publicly launched its AI‑driven Intelligent Digital Evidence Management System (iDEMS) in March 2024 to centralize audio, video and document evidence with secure sharing and audit trails for custody, and vendors like Vidizmo emphasize that chain‑of‑custody controls must begin at ingestion. (businesswire.com (businesswire.com)) (businesswire.com) (vidizmo.ai (vidizmo.ai)) (vidizmo.ai) Shift’s product materials quantify the stakes, stating their fraud analytics and the IDN helped surface roughly $2 billion in U.S. fraud in 2025, a figure carriers cite when prioritizing rapid, verifiable evidence ingestion and immutable audit trails. (shift-technology.com (8595762.fs1.hubspotusercontent-na1.net)) (8595762.fs1.hubspotusercontent-na1.net) Industry estimates place annual U.S. insurance fraud near $308.6 billion, and Verisk’s ClaimSearch ecosystem—cited as containing roughly 1.7 billion P&C claims—illustrates why SIUs favor joining or integrating with cross‑carrier databases. (pwc.com (pwc.com)) (pwc.com) (insurance-canada.ca (insurance-canada.ca)) (insurance-canada.ca)
