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Interactive visualisation guided hybrid artificial intelligent system for insurance fraud detection

  • Full or part time
  • Application Deadline
    Wednesday, May 15, 2019
  • Funded PhD Project (Students Worldwide)
    Funded PhD Project (Students Worldwide)

Project Description

Insurance fraud is a significant problem with has a great cost to consumers and industry. It is estimated that insurance fraud adds an extra £50 to every household’s annual insurance bill. The insurance industry which contributes £25 billion to the UK economy, estimates that it is facing £1.3 billion of detected fraud, with a further £2.1 billion undetected. Due to its seriousness, the Insurance Taskforce has been created to combat the problem by the UK Government. The system proposed in this project is expected to have a great impact on fraud detection. The results from this project can be commercialised. Judging from the statistics, it is predicted that there is a high demand for such system. The partner company in this project works with many small and medium sized insurance companies which will directly benefit from the proposed system.

OBJECTIVES:

To develop a new artificial intelligent technique augmented by a nature inspired algorithm to generate re-balanced insurance fraud data.
To develop a new nature inspired technique to detect insurance fraud trained by the re-balanced data.
To develop human-centred machine learning by creating a new interactive immersive visualisation system to guide the training process.
To evaluate the trained system using simulated and real data.

How to apply:

Applications are made via our website using the Apply Online button below. If you have an enquiry about this project please contact us via the Email NOW button below, however your application will only be processed once you have submitted an application form as opposed to emailing your CV to us.

Candidates for funded PhD studentship must demonstrate outstanding qualities and be motivated to complete a PhD in 3 years.

The PhD Studentships are open to UK, EU and international students. Candidates for a PhD Studentship should demonstrate outstanding qualities and be motivated to complete a PhD in 3 years and must demonstrate:

• A 1st class honours degree and/or a relevant Master’s degree with distinction or equivalent. If English is not your first language you’ll need IELTS (Academic) score of 6.5 minimum (with a minimum 6.0 in each component).

Funding Notes

Funded candidates will receive a maintenance grant of £15,000 per year to contribute towards living expenses during the course of your research, as well as a fee waiver for 36 months.

Funded Studentships are open to both UK/EU and International students unless otherwise specified.

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