FRISS proudly presents the story of a serial arsonist who scammed insurance carriers for years, and gives you the opportunity to hear from the arsonist himself as he tells the tale of how he was finally apprehended.
This year at ITC event, FRISS, the most widely adopted provider of AI-powered end-to-end fraud prevention and detection solutions for P&C insurers worldwide, welcomes Mike Vergon, fire investigator, and Kenneth Allen, convicted arsonist, to Mandalay Bay J.
Find out how Mr. Allen scammed over 20 insurance companies for nearly $4 million over the course of 14 years. Learn how 40 defendants ended up pleading guilty in this arson-for-profit scheme, and how they set over 70 fires, all to collect insurance proceeds.
How did they get away with it for so long? FRISS will explore the easily incriminating red flags that were ignored by investigators, the sheer number of fires being reported, and the unusual behavior of those involved.
If you’re ready to see whether or not your company could fall victim to organized crime like this, join us on October 5th at 12:30pm at Mandalay Bay J. Missed the presentation? You can always find the FRISS #honestinsurance team in their famous orange polos throughout the conference, or visit them at Booth 1033 where you can also spin to win… after all, this is Vegas, baby!
FRISS is 100% focused on automated fraud and risk detection for P&C insurance companies worldwide. Their AI-powered solutions are available for Underwriting, Claims, and SIU, offering support for full end-to-end digital processing. FRISS products enable a safe digital transformation, with seamless integrations that go live in less than 4 months. FRISS has 200+ implementations across more than 40 countries and saves the industry over $1 billion in fraudulent claim payouts each year. Combining powerful AI with industry expertise, their solutions yield unmatched results. For more information, please visit www.friss.com.
About Insuretech Connect
The world’s largest gathering of insurance leaders and innovators, Insuretech Connect (ITC), returns to Las Vegas, October 4-6. Being once again a face-to-face event ITC expects to host over 5,000 attendees. The conference sparks conversation, innovation and excitement.