Financial services
Generative fraud hits insurers
A picture is worth a thousand words, and much more if it's insurance fraud.
01 April 2026
Sarah Oeschger, Naked Insurance
Picture the grimacing owner, looking at their car smashed against a tree. Watch as they pull out their phone, and take a photo. See them open an app, submit the images, and get a reply. They smile as their claim is approved, a ray of sunshine punctuating a personal tragedy. It's the perfect script for an insurance ad.
Now, imagine there was no totalled car, just someone using GenAI to create a fake image of their damaged car, scamming money from their insurer.
ITWeb Premium
Get 3 months of unlimited access
No credit card. No obligation.
Already a subscriber
Log in
