Agentic AI • P&C Insurance Fraud

Agentic AI for motor insurance fraud detection

End-to-end agentic pipeline from FNOL to fraud savings and underwriting adjustments. Autonomous AI agents that reason, investigate, and build the evidential case — with human oversight at every step.

What Genesis Delivers

What we deliver — and the value it creates

Increased Fraud Savings

  • £576m detected annually (ABI 2024) — an estimated equal amount goes undetected
  • Detection, triage, and investigation operate as a continuous loop
  • Every investigation outcome feeds back to sharpen detection
  • Higher repudiation rates, lower indemnity leakage

Lower Anti-Fraud Operating Costs

  • AI agents automate repetitive checks at scale
  • Evidence gathering, document verification, and repudiation packs assembled autonomously
  • Detection, triage, and investigation unified in a single platform
  • Projected 35–50% cost-per-case reduction

Faster Claims Resolution

  • Fewer false positives and higher confidence on genuine claims
  • Automated risk triage reduces cycle time and administrative overhead
  • Lower reserves, higher STP rates
  • Improved customer satisfaction and retention

Underwriting & Pricing Intelligence

  • Dynamic fraud-derived features integrated directly into pricing models
  • Continuous refinement of underwriting rules from confirmed fraud outcomes
  • Organised fraud mitigated at inception through UW
  • Opportunistic fraud mitigated through pricing

Institutional Knowledge Capture

  • Investigator expertise encoded into AI agent workflows — scalable and protected
  • Tacit knowledge from key individuals systematically converted into enterprise IP
  • Continuous improvement loop: every investigation strengthens the next

Regulatory Transparency & Audit

  • Explainable AI reasoning — fully audit-ready for FCA and litigation defence
  • End-to-end log of communications, document requests, verifications, and enrichments
  • Complete investigation reports generated automatically with all supporting evidence

Why Genesis?

Experience & Domain Expertise

  • 10+ years leading fraud and claims data science teams across multiple UK P&C insurers
  • Expertise spanning the full insurance value chain: pricing, underwriting, claims, and fraud
  • Hands-on experience developing fraud detection ML, image models, graph networks, LLMs, and NLP

Right Timing in Tech

  • AI agent frameworks have matured to production-ready, autonomous, auditable, and controllable
  • LLMs and multimodal models now handle document analysis, communication, and reasoning at scale
  • The gap between what legacy vendors offer and what is now possible has never been wider

Market Timing

  • UK motor fraud is at an all-time high — insurers need solutions now, not in two years
  • Insurance domain mastery combined with cutting-edge AI engineering
  • Direct relationships with fraud leaders, claims executives, and technology partners

Backed by Industry Leaders

  • Supported by senior insurance executives and experienced tech advisors
  • Advised by investors with deep insurtech and AI expertise
  • Every stakeholder relationship is earned, not bought

Our Values

Trust

Transparent, explainable AI with human oversight at every step

Safety

Rigid guard rails, audit trails, and regulatory compliance built in from day one

Value

Everything we build must deliver measurable, demonstrable impact for your business

Founded by Angelos Charitidis — 10+ years leading fraud and claims data science teams across multiple UK P&C insurers, with expertise spanning the full insurance value chain: pricing, underwriting, claims, and fraud. Hands-on experience developing fraud detection ML, image models, graph networks, and LLMs.

Interested in a pilot conversation or partnership?

Get in Touch