We are pleased to announce the commencement of an important collaboration with KPMG Cyprus, supporting the Cypriot Health Insurance Organisation (HIO) in strengthening the integrity of the General Healthcare System through advanced data analytics.

At Covariance, we bring to the project our deep domain expertise in AI-powered fraud detection, honed through years of work in the insurance and healthcare sectors. Our role focuses on developing and implementing cutting-edge machine learning models that help detect, monitor, and prevent fraud and abuse at scale—ensuring long-term system sustainability and operational efficiency.

This partnership exemplifies how targeted innovation and cross-sector collaboration can empower public organizations to become more transparent, proactive, and data-driven.

Looking forward to the impactful work ahead with KPMG Cyprus, HIO, and the broader team of expert partners.