Shift Technology and TransUnion Cement Data Sharing Relationship
BOSTON and PARIS, Oct. 11, 2023 /PRNewswire/ -- Shift Technology, a provider of AI-powered decision automation and optimization solutions for the global insurance industry, today announced the company has finalized a relationship agreement with TransUnion (NYSE: TRU), a global information and insights company. As a result, insurers using TransUnion TruLookup™ attributes and data to support their risk management initiatives can now also have that data used to inform Shift Claims Fraud Detection models via a direct feed.
- As a result, insurers using TransUnion TruLookup™ attributes and data to support their risk management initiatives can now also have that data used to inform Shift Claims Fraud Detection models via a direct feed.
- Shift uses both an insurer's internal claims data as well as data from third-party sources to inform its fraud detection models.
- For carriers who subscribe to TransUnion's TruLookup data, Shift is now able to access that data directly without requiring additional integration work.
- "The relationship between Shift and TransUnion simply makes sense and provides significant benefit to our customers' fraud mitigation strategies," stated Jeremy Jawish, CEO and co-founder, Shift Technology.