Stacking Classifier-based Automated Insurance Fraud Detection System

ShanthinI, M (2022) Stacking Classifier-based Automated Insurance Fraud Detection System. In: 2022 IEEE Conference on Interdisciplinary Approaches in Technology and Management for Social Innovation (IATMSI), Gwalior, India.

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Abstract

During the Covid-19 pandemic, the insurance industry's digital shift quickened, resulting in a surge in insurance fraud. To combat insurance fraud, a system that securely manages and monitors insurance processes must be built by combining a machine learning classification framework with a web application. Examining and identifying fraudulent features is a frequent method of detecting fraud, but it takes a long time and can result in false results. One of these issues is addressed by the proposed solution. By digitalizing the paper-based workflow in insurance firms, this paper intends to improve the efficiency of the existing approach. This method also aimed to improve the present approach's data management by integrating a web application with a machine learning stacking classifier framework experimented on a linear regression-based iterative imputed data for detecting fraud claims and making the entire claim processing and documentation process more robust and agile

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: automated machine learning; claim processing; data management; digitalizing the paper-based workflow; Insurance fraud; linear regression-based iterative imputed data; stacking classifier framework; Classification (of information); Crime; Data handling; Insurance; Iterative methods; Machine learning
Subjects: E Electronics and Communication Engineering > Adaptive Systems
Divisions: Computer Science and Engineering
Depositing User: Users 5 not found.
Date Deposited: 27 Jun 2024 06:46
Last Modified: 20 Aug 2024 09:36
URI: https://ir.psgitech.ac.in/id/eprint/609

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