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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.

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