Legal AI Analytics and Alarm System Using Advanced NLP/ML Models
Insurance fraud is one of the major challenges as it incurs a huge loss in terms of cost for the companies. For this purpose, an innovative AI-driven solution has been designed to identify fraudulent insurance claims based on analyzing the litigation pattern from the legal records. In the proposed system, cases have been classified and fraud prediction has been made using Graph Neural Networks with Gemini 1.5 Pro that gives at least 82% accuracy. The system feeds into real-time alerts and data management through the collection of legal data from Indian court orders and petitions, thus equipping insurers with actionable insights...