Commercial Lines

AI reduces human error, increases speed of care and decreases the time a physician needs to spend with injured workers. 

Workers’ compensation navigated the unprecedented waters of a global pandemic and, in response, the onslaught of telehealth.

Nearly half of adults with employer-sponsored insurance report being frustrated because their benefits are hard to understand. 

Carriers must invest in digital capabilities to support distributors and improve customer experience, increase efficiencies, and grow business. 

Despite the insurtech movement, the surety bond industry has been largely ignored when it comes to technology. No longer.

The fatal work injury rate increased to 3.6 per 100,000 full-time equivalent workers for 2021 in the U.S., the highest annual rate since 2016.

Bond execution still involves antiquated technology like typewriters and fax machines. It’s time to catch up, including with blockchain. 

Although few seem to have noticed, rising costs on catastrophic workers’ compensation injury claims are creating never-seen-before levels of severity.