Dennis Toomey

Director - Risk & Compliance Counter Fraud Analytics
Dennis Toomey is a Director within the Risk and Compliance Analytics Practice at Protiviti. He is an international subject matter expert in counter-fraud, with deep domain knowledge across Financial Services, including the property casualty, life, and disability insurance markets. Working with customers across the globe for more than 29 years implementing and operationalizing counter-fraud and compliance technology, analytics, and processes. Dennis’ 28+ years’ experience has put him in a unique position to operate at the intersection of Data, having worked for LexisNexis, Technology and Analytics working for BAE and SAS, Consulting and Advisory working for IBM and Accenture, and finally Operations and Leadership working for Liberty Mutual Insurance Company and Law Enforcement in State of NH. He brings this, experience and knowledge to engage with industry leaders as a trusted advisor and partner around the world. His motivation to fight fraud comes from his passion to break down geographical boundaries and to bring Law Enforcement, Regulatory Agencies and Industry organizations together to collaborate in the global fight against Insurance Fraud.

Sessions by Dennis Toomey

03:05 PM - 03:40 PM
Data & Analytics Track: Islander F 

The Ethical Use of Data to Fight Insurance Fraud: Where and Should the Guardrails be Placed? 

Insurance fraud costs the United States $308.6 billion each year.  The adoption of emerging technologies creates new opportunities for fraud detection and innovative processing for underwriting and claims.  Sophisticated algorithms, artificial intelligence, machine learning and big data integrating into carrier “ecosystems” also introduce ethical concerns – from inherent bias and unfair discrimination to privacy concerns about use of personal data. 

Contact Us

Thank you for your interest in InsureTech Connect! We look forward to hearing from you. Contact us below with general inquiries.