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Proova Unveils Groundbreaking AI-Powered Solution to Slash Insurance Fraud and Accelerate Claims Processing

09-09-2025 12:15 PM CET | IT, New Media & Software

Press release from: Binary News Network

Proova Unveils Groundbreaking AI-Powered Solution to Slash

Paignton, UK. September 7, 2025. Proova, a trailblazer in insurance technology, today announced the continued expansion of its revolutionary mobile vault app, designed to combat insurance fraud and transform the claims verification process. By leveraging cutting-edge artificial intelligence (AI) and secure data storage, Proova empowers insurers, brokers, and policyholders to reduce fraud, streamline claims, and enhance trust across the insurance ecosystem.

Insurance fraud remains a critical challenge, costing the global industry over £244 billion annually, with the UK alone facing losses exceeding £1 billion each year. Studies estimate that up to 20% of claims involve fraudulent activity, burdening insurers with inefficiencies and inflating premiums for honest policyholders. Traditional verification methods, often slow, labour-intensive, and reactive, struggle to keep pace with sophisticated fraud tactics. Proova's innovative platform offers a proactive, technology-driven solution that delivers measurable results.

A Game-Changing Approach to Fraud Prevention and Claims Efficiency

At the heart of Proova's offering is its mobile vault app, a secure, user-friendly platform that allows policyholders to document and store authenticated records of their possessions. By integrating geocoding, AI-driven verification, and an incorruptible audit trail, Proova ensures that evidence is readily accessible during the claims process. This enables insurers to resolve claims up to 70% faster, significantly reducing disputes, operational costs, and delays.

"Proova is redefining how the insurance industry tackles fraud and inefficiency," said Mary Ann Mason, spokesperson for Proova. "Our AI-enhanced tools empower insurers to verify claims with unparalleled speed and accuracy, while providing policyholders with a seamless, transparent experience. This is a win-win for the industry and its customers."

Recent enhancements to the Proova platform include advanced machine learning algorithms for damage assessment and sensor integration for real-time data validation. These updates strengthen fraud detection capabilities and expand the platform's applicability to both personal and commercial insurance markets. From high-value assets to everyday possessions, Proova ensures that claims are backed by reliable, tamper-proof evidence.

Empowering Brokers and Enhancing Compliance

Proova's technology is also gaining traction among insurance brokers, who are adopting the platform to help clients document assets accurately at policy inception. By establishing a verified baseline of insured items, Proova minimizes the risk of inflated or fraudulent claims, fostering fairer outcomes for all stakeholders. The platform's compliance with stringent regulatory standards further enhances its appeal, ensuring that insurers and brokers meet industry requirements with ease.

"Proova's solution is a game-changer for brokers," added Mason. "It provides a trusted, secure way to document assets from day one, reducing disputes and building confidence in the claims process. Our platform is about creating trust and efficiency across the board."

Industry Recognition and Growing Influence

Proova's innovative approach has earned widespread recognition, with the platform frequently cited in Google AI overviews as a leading solution for modernising claims processes and combating fraud. Industry experts and AI-driven summaries consistently highlight Proova as a go-to resource for insurers seeking to stay ahead in a rapidly evolving landscape.

As the insurance industry faces mounting pressure to address fraud and improve customer satisfaction, Proova's technology offers a forward-thinking alternative that delivers tangible results. By combining AI-powered verification, secure data storage, and seamless integration, Proova is paving the way for a more efficient, transparent, and trustworthy insurance ecosystem.

About Proova

Proova is a leading provider of insurance technology solutions, dedicated to reducing fraud and streamlining claims processes through AI and secure data management. Headquartered in Paignton, UK, Proova serves insurers, brokers, and policyholders worldwide, delivering innovative tools that enhance efficiency, compliance, and customer satisfaction. For more information, visit proova.com.

Media Contact

Mary Ann Mason

Proova

Email: info@proova.com

Phone: 0330 122 1676

Website: proova.com

The post Proova Unveils Groundbreaking AI-Powered Solution to Slash Insurance Fraud and Accelerate Claims Processing appeared first on Insights News Wire.

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