Why Are Digital Payments Still Clunky? By Julie Schieni Insurers must iron out problems at two critical moments: when accepting a premium payment and when paying a claim.
Image Are We at the Start of a Boom in Productivity? Startling improvement in Q3 and Q4 suggests reasons for optimism, perhaps for many years.
How Gen AI Changes Everything in 2024 By Abhishek Peter Generative AI offers unparalleled opportunities for insurers to enhance efficiency, improve customer experiences and stay ahead.
Using NLP to Detect Fraud in Insurance Claims By Jack Shaw Natural language processing can sift through massive data sets instantly, identifying anomalies that may indicate fraud.
Revolutionizing Digital Payments By Ian Drysdale As contactless payments rise, so do security challenges. Many companies are turning to a technology known as tokenization.
3 Steps to Streamlining Insurance Processes By Concetta Yates AI and business process management are key ingredients of intelligent automation, along with robotic process automation.
Reducing Auto Claims by Embracing Sustainability By Bill Brower There is a misconception that sustainable solutions cost more. The reverse can be true, especially in auto claims and repair.
Insurers Optimistic About 2024 Markets By Scott Hawkins Matt Reilly Investment decision makers say they expect to take on more risk. They express concerns about AI but say benefits outweigh risks.
Are We Losing Our Negotiating Power? By Taylor Smith John Burge The plaintiff bar has investigated a staggering amount of money to improve its data on claims settlements. Insurance industry lawyers are way behind..
Continuous Improvement Comes to Insurance By Tom Bobrowski Process intelligence tools let operations leaders “see” digital products being built, enabling use of statistical process control techniques.
The Experience/Efficiency Paradox By Rory Yates Insurers must move from the manufacturing era (efficiency through administrative scale) to the ecosystem era (maximizing the value of a relationship).
Changing Expectations on Mobile Payments By Julie Schieni 41% of millennials with insurance purchased it with their mobile device, and other generations are moving in that direction, too.