Insurance companies tracking social media to verify clients' claims

Insurance companies are using sophisticated investigators as a way of corroborating claims made by clients.

Some of the tactics used through gaining access via geolocation functions and activity on social media platforms for information gathering and measure client risk.

For example, what one posts on their social networking sites would be something that insurers would be interested in looking at in assessing claims.

Maria Philippodes, Norton Rose Fulbright

702's Azania Mosaka spoke to insurance specialist, Maria Philippides, about how technology is helping insurers.

She said the new tactic is not a violation to the right to privacy as content shared on social media becomes available in the public domain.

Listen to the interview below:

Read More
WATCH: Lloyd Cele and Beyond Vocal debut 'Ungowami'  #702Unplugged

WATCH: Lloyd Cele and Beyond Vocal debut 'Ungowami' #702Unplugged

Singer Lloyd Cele and acapella group Beyond Vocal dropped their new single 'Ungowami' and reflected on their musical journey.

Getting to know MP, Dr Makhosi Khoza

Getting to know MP, Dr Makhosi Khoza

Dr Khoza is admired by South Africans for her role in the SABC inquiry as a ANC member of parliament.

Stuck between a rock and a science degree

Stuck between a rock and a science degree

Should parents influence your choice of study?

Insurance companies declare Gauteng floods a catastrophe

Insurance companies declare Gauteng floods a catastrophe

Santam has received over 900 claims following the recent Gauteng storms.

What to do if you have experienced flood damage in your home

What to do if you have experienced flood damage in your home

Risk of losing everything is very possible with the current heavy rains, and here's what you can do to replace your belongings.

Social media insurance to cover silly 'slip ups' online

Social media insurance to cover silly 'slip ups' online

You can now insure yourself against the consequences of a tweet or an unwise post on your timeline.

Popular articles
Meet Zibusiso Mkhwanazi; CEO of “Digital at the core marketing agency” AVATAR

Meet Zibusiso Mkhwanazi; CEO of “Digital at the core marketing agency” AVATAR

Mkhwanazi – son of an entrepreneur – founded a web design firm (Csonke.com) with R2000 when he was 17 and still in school.

Earn peanuts? How to best invest very small amounts...

Earn peanuts? How to best invest very small amounts...

Got a spare R200 or R300 a month? Here’s how to make that money work hard and grow…

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

NSFAS to reopen 2017 applications

NSFAS to reopen 2017 applications

National Student Financial Aid Scheme says it will reopen 2017 loan applications after receiving requests for deadline extension.

Right now, these are the best shares to buy on the JSE (according to Adviceworx)

Right now, these are the best shares to buy on the JSE (according to Adviceworx)

Bruce Whitfield interviews a Portfolio Manager about what she believes are the hottest stocks right now.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?