Digital ID can help curb rampant insurance fraud, says Azim Esmail of ATB Ventures

The insurance sector has a $308 billion problem. That’s what the industry is estimated to have lost to fraud in 2022, according to numbers from the Coalition Against Insurance Fraud. It is a problem that will only get worse unless it is addressed, which digital ID can help with, says Azim Esmail, head of Growth & Partnerships at ATB Ventures, the innovation arm of ATB Financial.

In an interview with Biometric Update, Esmail points to attack volumes as …

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