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Roosevelt Road Specialty Launches FraudX to Power AI-Driven Insurance Fraud Detection

Updated: Oct 27

An inside look at FraudX, our AI-powered frontline defense against claim fraud.

At EyeLevel, we’re building tools that help insurers spot fraud faster, act sooner, and make smarter decisions. That vision is now a reality at Roosevelt Road Specialty, where we’ve partnered to launch FraudX, a real-time AI platform that evaluates incoming claims and flags those most likely to be fraudulent.

Rather than waiting for losses to occur, Roosevelt Road Specialty is using FraudX to proactively surface suspicious claims, accelerating investigations and surfacing risk within minutes.


“Together AI and humans are a very powerful combination to find fraud and find it fast. FraudX will detect fraud in minutes instead of months,” said Neil Katz, EyeLevel’s co-founder and COO.


This isn’t about replacing investigation, it’s about enhancing it. FraudX flags the signals, and experienced investigators take it from there.


We worked closely with Roosevelt Road Specialty’s internal legal and claims experts to define 35 distinct indicators of possible fraud. The result is a scoring system that gives each claim a fraud likelihood score between 0 and 100, empowering their team to triage high-risk cases immediately while confidently clearing low-risk ones.


“If a claim, for example, has all 35 indicators of fraud, it will receive a fraud score of 100 percent,” Katz explained.


Roosevelt Road Specialty’s decision to implement FraudX reflects a broader shift toward intelligence-led underwriting and claims handling. Rather than reacting to fraudulent losses, they’re putting infrastructure in place to identify and prevent them upfront, before payouts are made or costs escalate.


This approach is already making an impact in their Tradesman Program Managers vertical, where construction-related claims have historically been vulnerable to staged incidents and inflated documentation. Roosevelt Road Specialty has a track record of aggressively pursuing bad-faith claims, including multiple RICO filings against fraudulent networks, and now has a tool to bring that same tenacity into everyday operations.


FraudX also helps accelerate payouts for legitimate claims by removing unnecessary bottlenecks, which Roosevelt Road Specialty views as a core priority.


“We pride ourselves...on quickly resolving legitimate claims to assist an injured worker,” said CEO Daniel Hickey Jr., who noted that rampant fraud has slowed down the process for honest claimants industry-wide.


This partnership is just the beginning. Roosevelt Road Specialty plans to expand FraudX across multiple verticals, including habitational, senior care, and entertainment lines, bringing AI-enabled triage and precision to all corners of its business.


At EyeLevel, we believe this kind of collaboration—where AI supports, not replaces, expert decision-making—is what the future of insurance fraud detection looks like. We're proud to be building it alongside leaders like Roosevelt Road Specialty.




Read the full announcement from Insurance Business Review here.


Explore our partners:


  • Roosevelt Road Specialty – A leading MGU committed to integrity-driven underwriting and proactive fraud prevention.


  • Tradesman Program Managers - Roosevelt Road’s construction general liability program, focused on protecting contractors and tackling high-risk claims with precision.



 
 
 

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