Third Eye
Top Talent
Description
Vocal Characteristics
Language
EnglishVoice Age
Middle Aged (35-54)Accents
British (General)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
insurance is fundamentally a simple business. It's a matter of risk sharing whereby in return for a premium, the policyholder receives peace of mind or, in the event of a loss, some practical assistance or compensation from the insurer. A mutually beneficial arrangement. Over recent years, it seems that the relationship between insurer and insured has become overshadowed by mistrust. It appears that insurers now employed more staff in their fraud teams than in dealing with the claims for policyholders. The FBI quotes the cost of fraud to the insurance industry in staggering financial terms. And many of the largest law firms in the UK have now morphed into huge marbled office teams of fraud analysts. To call an insurer to make a claim requires the policy holder to first listen to endless warnings about fraud, recorded calls, anti fraud databases and soon the risk of being placed on a register of fraudsters. Is it any wonder that insurers are not popular with their customers? Of course, fraudsters exist in insurance, as in many other business sectors, they cause premiums to rise and have a negative impact on the economy. It's true, but does this threat justify alienation of the very customers that we aspire to protect. And is there a risk that the introduction of fraud targets is merely a self fulfilling prophecy? Has fraud become the new black at absolute partnership? We don't believe in counting the number of burglars we catch in our house. Instead, we invest in an alarm system to keep them out at absolute partnership. We don't believe that the vast majority of innocent policyholders in need of support should be treated like potential criminals by the ever growing ranks of fraud experts. Why should the vast majority suffer for the greed and dishonesty of Let us not forget the minority? We think it's lazy to hide behind charts and plans and award dinners. We all need a way to sort the wheat from the chaff so that we can get on with looking after our customers. So we got on and we invented it. It's called Third Eye, following the time honoured principle that good people don't do bad things. We've started with the objective, provable, demonstrably area of acclaim. The documentation. If a document is false, it's highly likely that the claim is false. Genuine claimants might live in a house previously occupied by a fraudster. They might have a county court judgement. They might live in a so called fraud hot spot, and they might easily featuring the charts and plans of the lawyers. But and this is a fact honest claimants don't produce false documents. Third Eye has been three years in the making, using optical character recognition advanced by the police for number plate reading and using state of the art pdf de construction processes. Third, I can literally read any document and strip out all relevant data for analysis. There is no data inputting required, no backdating of data, no defining of relevant fields. All data is captured from a simple email and is instantly retrievable. Every postcode serial number that number company number I P address, email, domain and telephone number is stripped, sorted, analysed and assessed against rules based artificial intelligence. It's no longer about the document. Those days have gone. It's about the data set, a genuine invoices now capable of infinite replication and will pass validation unless or until its constituents are linked and the duplicate data string is identified. Third Eye does this in less than a second. Third eye enables insurers to collaborate so that data sets is shared across classes of business and false documents intercepted across the industry. And this process continues all day, every day, without a single second of disruption to a single genuine policy holder that seems to us to be genuinely putting the customer first. Oh, and it's free.