The ‘Race To Zero’ In Insurance SaaS
There has been a radical change taking place in insurance over the past few years. It revolves around the race to zero — or, the concept of streamlining the end user experience to ask less and less information when it comes time to file and process claims.
April 14, 2020
Technology
Building A Virtual Insurer Post-COVID
COVID-19 has left the world in uncharted waters and in many areas forced a digital acceleration of companies’ product and service delivery processes and distribution channels.
April 13, 2020
Technology
Medical Fraud: AI Can Save Workers’ Comp Industry $30 Billion
Artificial intelligence (AI) is redefining work in nearly every industry thanks to the increase in accuracy, efficiency and cost-effectiveness that AI-based applications offer. One of the latest industries to benefit is insurance, where applications are now being deployed to help detect and reduce provider fraud through advanced predictive tools.
April 8, 2020
Technology
Workers' Compensation
Insurers Must Look Forward, Not Backward, In Post-Coronavirus World
Insurance product creation historically has been based on historical data — the rearview mirror view. It always has been, and there is value in doing so. Past trends are likely to be repeated, and coverages and rating need to reflect that. And insurance departments require years of historical data to approve changes. However, there is a fundamental change afoot that cannot be ignored.
April 2, 2020
Catastrophe
Risk Management
Technology
New Phishing Scam Plays On Coronavirus Fears
A new phishing scam is playing on the public’s fears of the COVID-19 outbreak, according to the world’s largest security-awareness training and simulated phishing platform.
March 31, 2020
Excess & Surplus Lines
Technology
Will COVID-19 Disrupt Insurtech?
If there is one thing that we have all learned with the spread of COVID-19, it is that there is virtually no industry that is immune to its impact. The global pandemic is disrupting the daily lives of individuals, the operations of businesses, the activities of governments and even the approach of cherished institutions like museums, universities and religious organizations.
March 31, 2020
Technology
COVID-19: Technology To The Rescue In A Remote World
“May you live in interesting times.” This curse of disputed origin could very well apply to the reality in which we find ourselves today.
March 27, 2020
Catastrophe
Technology
Online Litigation And Virtual Courthouses: A New Normal?
It took a global crisis, but Florida litigators and jurists are embracing technology in ways they never have, conducting oral arguments and other court proceedings online—and many of these COVID-19-induced adjustments could be permanent.
March 26, 2020
Litigation
Technology
Touchless Claims Show Promise, But Is It Enough To Save Commercial Auto?
As AI, image quality and cloud-based services improve, the insurance industry is slowly moving closer to an era where many claims may soon be processed without any human touch at all.
March 26, 2020
Auto
Technology
Will COVID-19 Be The Tipping Point For Digital Transformation?
Countless articles about the implications of COVID-19 on the insurance industry are circulating in the digital universe. Many aspects of the industry will be affected, but the ultimate impact depends on the length and magnitude of the virus crisis, something that is difficult to predict.
March 25, 2020
Risk Management
Technology
Cybercriminals Exploiting COVID-19 To Spread Their Brand Of Viruses
The mounting threat of COVID-19 has placed the healthcare system of many nations under a huge amount of pressure, and cybercriminals could be exploiting this to spread viruses - but instead of biological ones, these are computer viruses.
March 20, 2020
Life & Health
Risk Management
Technology
How Data Analytics And IoT Are Driving Insurtech Growth
Technology is driving change in every industry and region around the world and insurance is no different.
March 18, 2020
Technology
How COVID-19 Is Changing Virtual Medical Assessments
Virtual medical assessments could play a significant role in keeping the insurance industry moving along during the COVID-19 pandemic. But conducting such procedures will be changing as people are urged to stay home.
March 17, 2020
Life & Health
Technology
Claims Adjusters Spend Too Much Time On Compliance: What Tools Might Help?
No one in the workers’ compensation industry would argue that complying with state and federal regulations isn’t important. Claims professionals need to make sure they’re reporting information about claims to the proper state and federal agencies and they need to make sure their companies are in compliance with workers’ compensation laws.
March 16, 2020
Technology
Workers' Compensation
How Coronavirus Is Cutting Connections
As a society, we are obviously becoming increasingly more connected. Most of the time, we don’t realize the fragility caused by our interdependence.
March 13, 2020
Education & Training
Technology
