Insurance

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The life insurer will implement a new core environment from EIS group to reach a larger customer base.

The vast majority of stakeholders see administrative waste as a cause of poor communication.

Automating document digitalization helps carriers cut claims cycle times down drastically, says Capgemini's Nathan Root.

The insurtech ecosystem includes both potential vendors that insurers want to partner with, and companies that are taking them head on, panel explains.

More insurance companies have dedicated chief digital officers than firms in other industries, says PwC.

These new companies sport telematics, AI and IoT platforms aimed at expediting claims, digital distribution and more.

The plan includes $15 billion a year in market-stabilizing funds over the next two years and $10 billion a year in 2020 and 2021, according to a person familiar with the plan.

The proposal would continue to provide cost-sharing subsidies to insurers to cover costs of low-income Americans taking part in Obamacare’s insurance exchanges at least through 2019.

Senators say the measure envisions a more gradual transition away from the ACA than the House-passed version.