Tesla’s Advantages In The Autonomous Vehicle Race
The $2 trillion global automotive industry is ripe for disruption from autonomous vehicle technologies that make driving safer, more energy-efficient and more convenient.
October 22, 2020
Auto
Technology
How A Smart Phone Can Drive Efficiency In The Claims Process
Using a smart phone to take pictures of property damage as soon as it happens could speed up the claims process and reduce fraud risk, the head of a Canadian claims technology vendor suggests.
October 21, 2020
Property
Technology
How Claims Organizations Are Using Artificial Intelligence
As the year 2020 proceeds to its conclusion, the status quo has been washed away. But some things have not changed.
October 21, 2020
Technology
3 Practical Uses For AI In Risk Management
Every year, financial crime becomes more sophisticated, new malware emerges and fraud losses rise. Top that problem up with continuously evolving regulations and hefty non-compliance penalties, and financial institutions are facing an increasingly complex risk landscape.
October 20, 2020
Risk Management
Technology
Questions About No-Code Development You Always Wanted To Ask
If you are in the tech, insurance, or finance industry, chances are you have already heard people talking about no-code development. But what exactly is no-code and how can your company benefit from this?
October 15, 2020
Education & Training
Technology
How Analytics Can Tame ‘Social Inflation’
“Social inflation” is considered one of the major emerging risks that the insurance industry must face. While people may misconstrue the term as relating to the rising impact of social media on online behavior of netizens, it has actually to do with increasingly hostile legal environment that insurance carriers are facing today.
October 8, 2020
Litigation
Technology
A Claim Estimate Before The Tow Truck Is Called
On a typical day, about 80,000 American drivers have accidents serious enough to warrant calling their insurers. After the initial shock comes a predictable sequence of worries: Was anyone hurt? Am I at fault?
October 7, 2020
Auto
Technology
Claims 2021 Planning: Making Good Bets
In most insurance companies, it is time to take out the 2020 budget and see where line items need to move for next year. Did the claims organization meet objectives?
October 6, 2020
Technology
Commercial Claims: A Journey With AI
Across commercial insurance, from auto liability to workers’ compensation, claims that involve a bodily injury tend to follow a common life cycle from the moment a claim is opened until the date it is resolved.
September 25, 2020
Technology
Is Intuition Dead? Probably Not, But…
As Carl Jung succinctly pointed out: “Thinking is difficult; that’s why most people judge.”
September 23, 2020
Technology
What You Need To Know About Extended Reality
The concept of Extended Reality (XR) conjures up images of virtual computer worlds built as an escape from everything around us. Considering what 2020 has been like so far, that might seem pretty attractive, but extended reality provides us so much more than just an escape.
September 21, 2020
Education & Training
Technology
The Importance Of Tailoring Electronic Claims Payments During COVID-19
Insurers should be tailoring their claims payment options to the type of claim a policyholder has, a U.S. payment provider said during a recent webinar.
September 18, 2020
Technology
3 Industry Ideals, Via Claims Payments
Instacart, Netflix, Zoom. It’s hard to imagine our lives without the companies that provide digital experiences and services so we can continue with our everyday lives amid the pandemic.
September 18, 2020
Technology
Partnering To Transform The Claims Journey
Peanut butter and jelly. Bacon and eggs. Coffee and cream. It’s hard to imagine one without the other. In fact, most would agree that they’re better together than apart. When it comes to business, the same can be said of great partners.
September 15, 2020
Auto
Technology
Report: Five Trends Shaping The Evolution Of Insurance Fraud
“Much the same, yet completely new.” This was the subtitle of BAE System’s report into ‘Insurance fraud trends in 2020’ and an effective summary of how the fraud landscape has changed.
September 15, 2020
Fraud
Technology
