Technology Insurance Claims News (Page 85)

4 Risktech Trends To Watch In 2022

As we usher in a new year, insurers and risk managers alike will continue to focus on exploiting technology advances to prevent and mitigate risk.

January 28, 2022 Risk Management Technology

Insurance Technology: 20 Trends For 2022

Here are the insurance technology trends, such as automated underwriting and virtual assistants, that will shape our industry in 2022.

January 27, 2022 Technology

Best Practices For Preventing Fraud In The Digital Age

Insurance carriers have witnessed a dramatic increase in consumers’ acceptance of digital activity compared to the pre-pandemic levels of early 2020. We expect these accelerated levels are only going to increase.

January 27, 2022 Fraud Technology

A Conundrum: Insurance Requires Bias But Must Be Fair

Insurance in the U.S. goes back to the mid-1700s and Benjamin Franklin. It has become one of the most essential parts of our lives and one of our most important economic industries.

January 25, 2022 Technology

Blockchain-Based Insurance Claims To Exceed $10 Billion In Cost Savings By 2024

A new report from Juniper Research has found that blockchain-based insurance will transform claims administration; saving $10 billion in costs globally by 2024, up from $1.1 billion in 2021.

January 25, 2022 Technology

Root Layoffs Part Of A Company Revamp

Root Insurance is targeting its claims and sales departments as part of an increasingly aggressive effort to improve its struggling fortunes.

January 25, 2022 Auto Property Technology

Will 2022 Be The Year For Increased Insurance Claims Regulation?

Extensive damage resulted from the Kentucky tornado that struck on December 10, 2021. Generally, tornadoes do not produce extensive catastrophe-type responses from the insurance industry because the extent of damage is limited to such a small location

January 24, 2022 Legislation & Regulation Technology

Exploring Anti-Fraud Technology

What do space exploration and anti-fraud technology have in common? More than you might think. Great new technologies are influencing things once thought improbable, if not impossible.

January 20, 2022 Fraud Technology

Top 5 P&C Trends In 2022

It’s hard to talk about 2022 without a look at 2021 first. We all experienced how COVID accelerated adoption of technologies like cloud, AI and mobile. We also saw the disruption in supply chains and the shortages of both materials and labor that emerged as the economy recovered.

January 18, 2022 Auto Technology

Commercial Insurers Shift Tech Priorities

It is difficult to imagine where digital business operations would be today if it wasn’t for the catalyst that is the pandemic. For nearly two years, businesses across industries, and especially within insurance, accelerated digital transformation plans to adapt to remote access for customers and employees.

January 10, 2022 Technology